Athenahealth Technical Analysis (NASDAQ:ATHN)
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 ATHN stock chart pattern can give those who understand technical analysis an indication of which way ATHN stock is headed, but cannot predict with 100% certainty as to what can happen to the Athenahealth stock price.
See Athenahealth bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Athenahealth stock analysis.
Athenahealth Moving Average
Moving averages show the ATHN 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 $148.39 is above the price of $136.6.
Athenahealth Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Athenahealth. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Athenahealth bollinger bands show that the stock price is $136.6, upper band is 159.47, lower band is 137.32, and the average is 148.39.
Athenahealth 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 Athenahealth MACD indicator is above 0 indicating a bullish trend.
Athenahealth 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. 5.96 is the RSI value of ATHN stock.