Adept Technical Analysis (NASDAQ:ADEP)
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 Adept 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 ADEP stock chart which creates a trading signal.
See Adept bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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
Moving averages show the average price of ADEP 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 $12.98 is below the price of $12.98.
Adept Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Adept. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Adept bollinger bands show that the stock price is $12.98, upper band is 13, lower band is 12.95, and the average is 12.98.
Adept 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 Adept MACD line is above the signal line.
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.