ACI Worldwide Technical Analysis (NASDAQ:ACIW)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. Just by looking at the ACI Worldwide 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 ACIW stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for ACI Worldwide. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking ACI Worldwide stock analysis using these technical indicators helps identify trading opportunities.
ACI Worldwide Moving Average:
Moving averages show the average price of ACIW stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for ACI Worldwide are mostly signals of long term trends and will help long term traders.
ACI Worldwide Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of ACI Worldwide stock price relative to previous trades. ACI Worldwide bollinger bands show that the stock price is $21.86, upper band is 8.16, lower band is 7.44, and the average is 7.8.
ACI Worldwide 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 ACI Worldwide MACD indicator is below 0 indicating a bearish trend.
ACI Worldwide Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of ACIW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .