Motorcar Parts of America Technical Analysis (NASDAQ:MPAA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. When a chart pattern that can predict future Motorcar Parts of America stock price movements is formed, the MPAA stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Motorcar Parts of America. Technical analysis uses an approach for Motorcar Parts of America stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Motorcar Parts of America Moving Average:
Moving averages show the average price of MPAA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for MPAA trend identification. A rising moving average shows that stock prices are generally increasing.
Motorcar Parts of America Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Motorcar Parts of America. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $26.48 is in the lower range of Motorcar Parts of America bollinger bands.
Motorcar Parts of America 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 Motorcar Parts of America MACD line is above the signal line.
Motorcar Parts of America 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 MPAA stock is 8.6. .