Aurinia Technical Analysis (NASDAQ:AUPH)
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 AUPH stock chart pattern can give those who understand technical analysis an indication of which way AUPH stock is headed, but cannot predict with 100% certainty as to what can happen to the Aurinia stock price.
See Aurinia bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Aurinia stock analysis that does not care for the fair value of a company but uses price and volume data only.
Aurinia Moving Average
Moving averages show the AUPH 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 20 day moving average of $5.55 is below the last closing price of $5.84 and the 50 day moving average of $5.54 is below the last closing price of $5.84. The 10 and 20 day periods can predict short term moving average trends.
Aurinia Bollinger Bands
Bollinger bands comprise of a center line usually AUPH SMA, and two AUPH 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 $5.84 is in the upper range of Aurinia bollinger bands.
Aurinia 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 Aurinia MACD line is above the signal line.
Aurinia Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of AUPH stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.