Alpha and Omega Semi Technical Analysis (NASDAQ:AOSL)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. 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.
See Alpha and Omega Semi bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Alpha and Omega Semi stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
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 rise in trend over the long term indicates a long term uptrend. Similarly a falling AOSL moving average implies that Alpha and Omega Semi stock price is falling.
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 over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Alpha and Omega Semi bollinger bands show that the stock price is $14.96, upper band is 17.15, lower band is 12.97, and the average is 15.06.
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 . The relative strength index of AOSL stock is 27.15. .