AeroVironment Technical Analysis (NASDAQ:AVAV)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. When a chart pattern that can predict future AeroVironment stock price movements is formed, the AVAV stock chart can become a key tool for a technical analyst.
See AeroVironment bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking AeroVironment stock analysis using these technical indicators helps identify trading opportunities.
AeroVironment Moving Average:
Moving averages show the average price of AVAV stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $38.38 is below the last closing price of $28 and the 50 day moving average of $37.81 is below the $28 price. The 10 and 20 day periods can predict short term moving average trends.
AeroVironment Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of AeroVironment stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of AeroVironment bollinger bands.
AeroVironment Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The AeroVironment MACD indicator is below 0 indicating a bearish trend.
AeroVironment Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of AVAV stock is 84.55. .