Allot Communications Technical Analysis (NASDAQ:ALLT)
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 ALLT stock chart pattern can give those who understand technical analysis an indication of which way ALLT stock is headed, but cannot predict with 100% certainty as to what can happen to the Allot Communications stock price.
See Allot Communications bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Allot Communications stock analysis that does not care for the fair value of a company but uses price and volume data only.
Allot Communications Moving Average
Moving averages help predict the price direction of ALLT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Allot Communications are mostly signals of long term trends and will help long term traders.
Allot Communications Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Allot Communications. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Allot Communications bollinger bands.
Allot Communications 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 Allot Communications MACD indicator is below 0 indicating a bearish trend.
Allot Communications Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 25 is the RSI value of ALLT stock.