Adept Technical Analysis (NASDAQ:ADEP)
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. The Adept stock price data and volume are plotted in ADEP stock 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 Adept. 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 Adept stock analysis.
Adept Moving Average:
ADEP 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 Adept chart patterns after the calculations remain the same. The 100 day moving average of 8.71 is below the last closing price of 12.98. Moving averages can be used for ADEP trend identification. A rising moving average shows that stock prices are generally increasing.
Adept Bollinger Bands:
Bollinger bands comprise of a center line usually ADEP SMA, and two ADEP 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 $12.98 is in the lower range of Adept bollinger bands.
Adept 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 Adept MACD indicator can be used to identify bullish and bearish trends for the stock.
Adept 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 . 60 is the RSI value of ADEP stock. .