Apigee Technical Analysis (NASDAQ:APIC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The APIC stock chart pattern can give those who understand technical analysis an indication of which way APIC stock is headed, but cannot predict with 100% certainty as to what can happen to the Apigee stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Apigee. The technical analysis form of Apigee stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Apigee Moving Average
Moving averages show the APIC 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 $17.38 is below the price of $17.38.
Apigee Bollinger Bands
Bollinger bands comprise of a center line usually APIC SMA, and two APIC 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. The stock price is trading between the average and the lower band in the context of Apigee bollinger bands.
Apigee Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Apigee MACD indicator is below 0 indicating a bearish trend.
Apigee 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 APIC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.