Axcelis Technical Analysis (NASDAQ:ACLS)
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. The ACLS stock chart pattern can give those who understand technical analysis an indication of which way ACLS stock is headed, but cannot predict with 100% certainty as to what can happen to the Axcelis 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 Axcelis. 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 Axcelis stock analysis.
Axcelis Moving Average
Moving averages show the average price of ACLS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $25.5 is below the last closing price of $26.95 and the 50 day moving average of $26.19 is below the last closing price of $26.95. The 10 and 20 day periods can predict short term moving average trends.
Axcelis Bollinger Bands
Bollinger bands comprise of a center line usually ACLS SMA, and two ACLS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Axcelis bollinger bands.
Axcelis 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 Axcelis MACD line is above the signal line.
Axcelis Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 64 is the RSI value of ACLS stock.