ATOMERA INC Technical Analysis (NASDAQ:ATOM)
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 ATOMERA INC stock price data and volume are plotted in ATOM stock charts and these trading charts form the basis of technical analysis.
See ATOMERA INC bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for ATOMERA INC stock analysis that does not care for the fair value of a company but uses price and volume data only.
ATOMERA INC Moving Average
Moving averages show the average price of ATOM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $5.66 is below the last closing price of $5.78 and the 50 day moving average of $5.55 is below the last closing price of $5.78. The 10 and 20 day periods can predict short term moving average trends.
ATOMERA INC Bollinger Bands
Bollinger bands comprise of a center line usually ATOM SMA, and two ATOM 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. The stock price is trading between the average and the upper band in the context of ATOMERA INC bollinger bands.
ATOMERA INC 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 ATOMERA INC MACD indicator can be used to identify bullish and bearish trends for the stock.
ATOMERA INC 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. If the RSI of ATOM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.