APPIAN CORP Technical Analysis (NASDAQ:APPN)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The APPN stock chart pattern can give those who understand technical analysis an indication of which way APPN stock is headed, but cannot predict with 100% certainty as to what can happen to the APPIAN CORP stock price.
See APPIAN CORP bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for APPIAN CORP stock analysis that does not care for the fair value of a company but uses price and volume data only.
APPIAN CORP Moving Average
Moving averages show the average price of APPN 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 $32.73 is below the price of $36.23.
APPIAN CORP Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like APPIAN CORP. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $36.23 is in the upper range of APPIAN CORP bollinger bands.
APPIAN CORP 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 APPIAN CORP MACD indicator is above 0 indicating a bullish trend.
APPIAN CORP 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 APPN stock is 42.14.