American Science Technical Analysis (NASDAQ:ASEI)
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. Just by looking at the American Science 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 ASEI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for American Science. The technical analysis form of American Science stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
American Science Moving Average
Moving averages help predict the price direction of ASEI 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 $36.9 is below the price of $37.05.
American Science Bollinger Bands
Bollinger bands comprise of a center line usually ASEI SMA, and two ASEI 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. Currently the stock price of $37.05 is in the upper range of American Science bollinger bands.
American Science 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 stock prices will go up. The American Science MACD line is below the signal line.
American Science Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of ASEI stock is 54.21.