APPTIO CL A Technical Analysis (NASDAQ:APTI)
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 APPTIO CL A 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 APTI 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 APPTIO CL A. The technical analysis form of APPTIO CL A stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
APPTIO CL A Moving Average
Moving averages show the average price of APTI 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 $36.43 is above the price of $35.56.
APPTIO CL A Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the APTI stock. APPTIO CL A bollinger bands show that the stock price is $35.56, upper band is 38.78, lower band is 34.24, and the average is 36.51.
APPTIO CL A 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 APPTIO CL A MACD line is below the signal line.
APPTIO CL A Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 42.75 is the RSI value of APTI stock.