ALTABA INC Technical Analysis (NASDAQ:AABA)
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. The AABA stock chart pattern can give those who understand technical analysis an indication of which way AABA stock is headed, but cannot predict with 100% certainty as to what can happen to the ALTABA INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for ALTABA INC. 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 ALTABA INC stock analysis.
ALTABA INC Moving Average
Moving averages show the AABA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $74.43 is above the last closing price of $70.2 and the 50 day moving average of $76.68 is above the last closing price of $70.2. The 10 and 20 day periods can predict short term moving average trends.
ALTABA INC 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 AABA stock. Currently the stock price of $70.2 is in the lower range of ALTABA INC bollinger bands.
ALTABA INC 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 ALTABA INC MACD line is below the signal line.
ALTABA INC Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 44.92 is the RSI value of AABA stock.