Global X Guru Activist ETF Technical Analysis (NASDAQ:ACTX)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Global X Guru Activist ETF Price data and volume are plotted in ACTX Charts and these trading charts form the basis of technical analysis.
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 Global X Guru Activist ETF. Technical analysis uses an approach for Global X Guru Activist ETF Analysis that does not care for the fair value of a company but uses price and volume data only.
Global X Guru Activist ETF Moving Average
Moving averages help predict the price direction of ACTX stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Global X Guru Activist ETF are mostly signals of long term trends and will help long term traders.
Global X Guru Activist ETF Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Global X Guru Activist ETF. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Global X Guru Activist ETF bollinger bands show that the Price is $15.89, upper band is 16.05, lower band is 15.23, and the average is 15.64.
Global X Guru Activist ETF Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Global X Guru Activist ETF MACD indicator is below 0 indicating a bearish trend.
Global X Guru Activist ETF 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 ACTX stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.