Agile Therapeutics Technical Analysis (NASDAQ:AGRX)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Agile Therapeutics stock price data and volume are plotted in AGRX 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 Agile Therapeutics. 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 Agile Therapeutics stock analysis.
Agile Therapeutics Moving Average
Moving averages show the AGRX stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $3.66 is above the last closing price of $2.87 and the 50 day moving average of $3.4 is above the last closing price of $2.87. The 10 and 20 day periods can predict short term moving average trends.
Agile Therapeutics 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 AGRX stock. Agile Therapeutics bollinger bands show that the stock price is $2.87, upper band is 3.86, lower band is 3.47, and the average is 3.66.
Agile Therapeutics 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 Agile Therapeutics MACD line is above the signal line.
Agile Therapeutics 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. The relative strength index of AGRX stock is 42.98.