Attunity Technical Analysis (NASDAQ:ATTU)
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 Attunity stock price data and volume are plotted in ATTU 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 Attunity. 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 Attunity stock analysis.
Attunity Moving Average
Moving averages help predict the price direction of ATTU 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 Attunity are mostly signals of long term trends and will help long term traders.
Attunity Bollinger Bands
Bollinger bands comprise of a center line usually ATTU SMA, and two ATTU 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. Attunity bollinger bands show that the stock price is $18.96, upper band is 16.74, lower band is 9.48, and the average is 13.11.
Attunity 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 Attunity MACD line is below the signal line.
Attunity Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of ATTU stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.