American Superconductor Technical Analysis (NASDAQ:AMSC)
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 AMSC stock chart pattern can give those who understand technical analysis an indication of which way AMSC stock is headed, but cannot predict with 100% certainty as to what can happen to the American Superconductor stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for American Superconductor. Technical analysis uses an approach for American Superconductor stock analysis that does not care for the fair value of a company but uses price and volume data only.
American Superconductor Moving Average
Moving averages show the AMSC 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.19 is below the price of $6.06.
American Superconductor Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like American Superconductor. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. American Superconductor bollinger bands show that the stock price is $6.06, upper band is 6.23, lower band is 4.28, and the average is 5.25.
American Superconductor 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 American Superconductor MACD line is below the signal line.
American Superconductor Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 72.22 is the RSI value of AMSC stock.