AirMedia Technical Analysis (NASDAQ:AMCN)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A AMCN stock chart pattern can give those who understand technical analysis an indication of which way AMCN stock is headed, but cannot predict with 100% certainty as to what can happen to the AirMedia stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for AirMedia. Technical analysis uses an approach for AirMedia stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
AirMedia Moving Average:
AMCN stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of AirMedia chart patterns after the calculations remain the same. The 100 day moving average of 2.33 is below the last closing price of 2.47. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AirMedia are mostly signals of long term trends and will help long term traders.
AirMedia Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like AirMedia. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. AirMedia bollinger bands show that the stock price is $2.47, upper band is 20.03, lower band is 15.79, and the average is 17.91.
AirMedia 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 AirMedia MACD indicator is above 0 indicating a bullish trend.
AirMedia 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 AMCN stock is 51.81. .