Avista Technical Analysis (NYSE:AVA)
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. Just by looking at the Avista stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AVA stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Avista. Technical analysis uses an approach for Avista stock analysis that does not care for the fair value of a company but uses price and volume data only.
Avista Moving Average
Moving averages show the AVA 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $50.97 is below the price of $51.01.
Avista Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Avista. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $51.01 is in the lower range of Avista bollinger bands.
Avista 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 Avista MACD indicator can be used to identify bullish and bearish trends for the stock.
Avista 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 AVA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.