Advent Software Technical Analysis (NASDAQ:ADVS)
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 Advent Software stock price data and volume are plotted in ADVS stock charts and these trading charts form the basis of technical analysis.
See Advent Software bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Advent Software stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Advent Software Moving Average:
Moving averages show the average price of ADVS 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 $44 is below the price of $44.24.
Advent Software Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Advent Software. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $44.24 is in the lower range of Advent Software bollinger bands.
Advent Software 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 Advent Software MACD indicator is below 0 indicating a bearish trend.
Advent Software Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 97.73 is the RSI value of ADVS stock. .