Orbital ATK Technical Analysis (NYSE:OA)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Orbital ATK 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 OA stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Orbital ATK. Technical analysis uses an approach for Orbital ATK stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Orbital ATK Moving Average:
Moving averages show the average price of OA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $55.74 is below the price of $76.05.
Orbital ATK Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the OA stock. The stock price is trading between the average and the lower band in the context of Orbital ATK bollinger bands.
Orbital ATK 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 Orbital ATK MACD line is above the signal line.
Orbital ATK Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of OA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .