Gentherm Technical Analysis (NASDAQ:THRM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Gentherm stock price data and volume are plotted in THRM stock charts and these trading charts form the basis of technical analysis.
See Gentherm bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Gentherm stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Gentherm Moving Average:
Moving averages show the THRM stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling THRM moving average implies that Gentherm stock price is falling.
Gentherm Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Gentherm. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $33.8 is in the upper range of Gentherm bollinger bands.
Gentherm Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Gentherm MACD indicator can be used to identify bullish and bearish trends for the stock.
Gentherm 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 . 66.11 is the RSI value of THRM stock. .