Asia Pacific Fund Technical Analysis (NYSE:APB)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Asia Pacific Fund Price data and volume are plotted in APB Charts and these trading charts form the basis of technical analysis.
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 Asia Pacific Fund. The technical analysis form of Asia Pacific Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Asia Pacific Fund Moving Average
Moving averages help predict the price direction of APB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $14.37 is above the price of $14.15.
Asia Pacific Fund Bollinger Bands
Bollinger bands comprise of a center line usually APB SMA, and two APB 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 Price moves closer towards the lower band. The Price is trading between the average and the lower band in the context of Asia Pacific Fund bollinger bands.
Asia Pacific Fund 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 Prices will go up. The Asia Pacific Fund MACD line is above the signal line.
Asia Pacific Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of APB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.