AU Optronics Technical Analysis (NYSE:AUO)
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 AUO stock chart pattern can give those who understand technical analysis an indication of which way AUO stock is headed, but cannot predict with 100% certainty as to what can happen to the AU Optronics stock price.
See AU Optronics bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AU Optronics stock analysis that does not care for the fair value of a company but uses price and volume data only.
AU Optronics Moving Average
Moving averages show the AUO 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 AU Optronics are mostly signals of long term trends and will help long term traders.
AU Optronics Bollinger Bands
Bollinger bands comprise of a center line usually AUO SMA, and two AUO 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. Currently the stock price of $4.36 is in the upper range of AU Optronics bollinger bands.
AU Optronics Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The AU Optronics MACD line is below the signal line.
AU Optronics 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 . The relative strength index of AUO stock is 78.79.