Altisource Portfolio Technical Analysis (NASDAQ:ASPS)
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 Altisource Portfolio stock price data and volume are plotted in ASPS stock 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 Altisource Portfolio. The technical analysis form of Altisource Portfolio stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Altisource Portfolio Moving Average
Moving averages help predict the price direction of ASPS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Altisource Portfolio are mostly signals of long term trends and will help long term traders.
Altisource Portfolio 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 ASPS stock. Altisource Portfolio bollinger bands show that the stock price is $26, upper band is 27.31, lower band is 24.64, and the average is 25.97.
Altisource Portfolio 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 Altisource Portfolio MACD indicator is above 0 indicating a bullish trend.
Altisource Portfolio 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 ASPS stock is 37.59.