Fuel Systems Solutions Technical Analysis (NASDAQ:FSYS)
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. Just by looking at the Fuel Systems Solutions stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FSYS stock chart which creates a trading signal.
See Fuel Systems Solutions bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Fuel Systems Solutions stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Fuel Systems Solutions Moving Average:
Moving averages help predict the price direction of FSYS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A rise in trend over the long term indicates a long term uptrend. Similarly a falling FSYS moving average implies that Fuel Systems Solutions stock price is falling.
Fuel Systems Solutions Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Fuel Systems Solutions. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Fuel Systems Solutions bollinger bands show that the stock price is $5.4, upper band is 12.76, lower band is 11.27, and the average is 12.02.
Fuel Systems Solutions 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 Fuel Systems Solutions MACD line is above the signal line.
Fuel Systems Solutions 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 FSYS stock is 38.82. .