Agilysys Technical Analysis (NASDAQ:AGYS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AGYS stock chart pattern can give those who understand technical analysis an indication of which way AGYS stock is headed, but cannot predict with 100% certainty as to what can happen to the Agilysys stock price.
See Agilysys bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Agilysys stock analysis.
Agilysys Moving Average
Moving averages show the average price of AGYS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Agilysys are mostly signals of long term trends and will help long term traders.
Agilysys Bollinger Bands
Bollinger bands comprise of a center line usually AGYS SMA, and two AGYS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Agilysys bollinger bands.
Agilysys 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 Agilysys MACD indicator is below 0 indicating a bearish trend.
Agilysys 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 AGYS stock is 85.25.