Audience Technical Analysis (NASDAQ:ADNC)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Audience stock price data and volume are plotted in ADNC 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 Audience. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Audience stock analysis using these technical indicators helps identify trading opportunities.
Audience Moving Average:
Moving averages help predict the price direction of ADNC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $4.87 is below the last closing price of $4.89 and the 50 day moving average of $4.94 is above the $4.89 price. The 10 and 20 day periods can predict short term moving average trends.
Audience Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ADNC stock. Audience bollinger bands show that the stock price is $4.89, upper band is 20.4, lower band is 16.85, and the average is 18.62.
Audience 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 stock prices will go up. The Audience MACD indicator is above 0 indicating a bullish trend.
Audience 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 ADNC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .