Alpha and Omega Semi Technical Analysis (NASDAQ:AOSL)
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. Just by looking at the Alpha and Omega Semi 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 AOSL 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 Alpha and Omega Semi. 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 Alpha and Omega Semi stock analysis.
Alpha and Omega Semi Moving Average
Moving averages show the average price of AOSL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.82 is below the price of $16.03.
Alpha and Omega Semi Bollinger Bands
Bollinger bands comprise of a center line usually AOSL SMA, and two AOSL 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. Currently the stock price of $16.03 is in the upper range of Alpha and Omega Semi bollinger bands.
Alpha and Omega Semi 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 Alpha and Omega Semi MACD indicator is below 0 indicating a bearish trend.
Alpha and Omega Semi 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 . If the RSI of AOSL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.