Aluminum Corporation of China Technical Analysis (NYSE:ACH)
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 ACH stock chart pattern can give those who understand technical analysis an indication of which way ACH stock is headed, but cannot predict with 100% certainty as to what can happen to the Aluminum Corporation of China stock price.
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 Aluminum Corporation of China. The technical analysis form of Aluminum Corporation of China stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Aluminum Corporation of China Moving Average
Moving averages show the ACH 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Aluminum Corporation of China are mostly signals of long term trends and will help long term traders.
Aluminum Corporation of China 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 ACH stock. The stock price is trading between the average and the lower band in the context of Aluminum Corporation of China bollinger bands.
Aluminum Corporation of China 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 Aluminum Corporation of China MACD indicator is below 0 indicating a bearish trend.
Aluminum Corporation of China Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.28 is the RSI value of ACH stock.