Ambac Financial Technical Analysis (NASDAQ:AMBC)
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. Just by looking at the Ambac Financial stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AMBC stock chart which creates a trading signal.
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 Ambac Financial. The technical analysis form of Ambac 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.
Ambac Financial Moving Average
Moving averages show the average price of AMBC 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 Ambac Financial are mostly signals of long term trends and will help long term traders.
Ambac Financial Bollinger Bands
Bollinger bands comprise of a center line usually AMBC SMA, and two AMBC 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 lower band in the context of Ambac Financial bollinger bands.
Ambac Financial 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 Ambac Financial MACD line is above the signal line.
Ambac 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 . The relative strength index of AMBC stock is 22.75.