Actions Semiconductor Technical Analysis (NASDAQ:ACTS)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A ACTS stock chart pattern can give those who understand technical analysis an indication of which way ACTS stock is headed, but cannot predict with 100% certainty as to what can happen to the Actions Semiconductor 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 Actions Semiconductor. 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 Actions Semiconductor stock analysis.
Actions Semiconductor Moving Average:
ACTS stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Actions Semiconductor chart patterns after the calculations remain the same. The 100 day moving average of 2.11 is below the last closing price of 2.14. The 20 day moving average of $2.14 is below the last closing price of $2.14 and the 50 day moving average of $2.12 is below the $2.14 price. The 10 and 20 day periods can predict short term moving average trends.
Actions Semiconductor Bollinger Bands:
Bollinger bands comprise of a center line usually ACTS SMA, and two ACTS stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $2.14 is in the upper range of Actions Semiconductor bollinger bands.
Actions Semiconductor 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 Actions Semiconductor MACD indicator is above 0 indicating a bullish trend.
Actions Semiconductor Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of ACTS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .