Audience Technical Analysis (NASDAQ:ADNC)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Audience 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 ADNC stock chart which creates a trading signal.
See Audience bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Audience stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
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 last closing price of $4.89. 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 5.1, lower band is 4.63, and the average is 4.87.
Audience 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 Audience MACD indicator can be used to identify bullish and bearish trends for the stock.
Audience 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 . The relative strength index of ADNC stock is 63.93.