Atlas Financial Technical Analysis (NASDAQ:AFH)
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. The Atlas Financial stock price data and volume are plotted in AFH stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Atlas Financial. The technical analysis form of Atlas Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Atlas Financial Moving Average
Moving averages help predict the price direction of AFH 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 $10.39 is below the last closing price of $10.4 and the 50 day moving average of $9.66 is below the last closing price of $10.4. The 10 and 20 day periods can predict short term moving average trends.
Atlas Financial 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 AFH stock. Atlas Financial bollinger bands show that the stock price is $10.4, upper band is 10.82, lower band is 9.96, and the average is 10.39.
Atlas Financial 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 Atlas Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Atlas Financial 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 . 48.94 is the RSI value of AFH stock.