Origin Agritech Technical Analysis (NASDAQ:SEED)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Origin Agritech 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 SEED 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 Origin Agritech. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Origin Agritech stock analysis.
Origin Agritech Moving Average:
Moving averages help predict the price direction of SEED 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 SEED moving average implies that Origin Agritech stock price is falling.
Origin Agritech Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Origin Agritech. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility.
Origin Agritech 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.
Origin Agritech Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. .