Vuzix Technical Analysis (NASDAQ:VUZI)
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. When a chart pattern that can predict future Vuzix stock price movements is formed, the VUZI stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Vuzix. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Vuzix stock analysis using these technical indicators helps identify trading opportunities.
Vuzix Moving Average:
Moving averages show the VUZI stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $16.39 is below the price of $7.45.
Vuzix 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 VUZI stock. Currently the stock price of $7.45 is in the lower range of Vuzix bollinger bands.
Vuzix 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 Vuzix MACD line is below the signal line.
Vuzix Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of VUZI stock is 78.01. .