Astronics Corp Technical Analysis (NASDAQ:ATRO)
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. The Astronics Corp stock price data and volume are plotted in ATRO stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Astronics Corp. 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 Astronics Corp stock analysis.
Astronics Corp Moving Average
Moving averages show the ATRO 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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Astronics Corp are mostly signals of long term trends and will help long term traders.
Astronics Corp 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 ATRO stock. Currently the stock price of $36.86 is in the lower range of Astronics Corp bollinger bands.
Astronics Corp 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 Astronics Corp MACD indicator is below 0 indicating a bearish trend.
Astronics Corp Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of ATRO stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.