Actions Semiconductor Technical Analysis (NASDAQ:ACTS)
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. Just by looking at the Actions Semiconductor 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 ACTS stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Actions Semiconductor. Technical analysis uses an approach for Actions Semiconductor stock analysis that does not care for the fair value of a company but uses price and volume data only.
Actions Semiconductor Moving Average
Moving averages show the average price of ACTS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $2.14 is below the price of $2.14.
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 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 lower band in the context 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 assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Actions Semiconductor MACD indicator can be used to identify bullish and bearish trends for the stock.
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.