AeroVironment Technical Analysis (NASDAQ:AVAV)
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 AVAV stock chart pattern can give those who understand technical analysis an indication of which way AVAV stock is headed, but cannot predict with 100% certainty as to what can happen to the AeroVironment stock price.
See AeroVironment bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AeroVironment stock analysis that does not care for the fair value of a company but uses price and volume data only.
AeroVironment Moving Average
Moving averages help predict the price direction of AVAV stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $50.75 is below the last closing price of $51.74 and the 50 day moving average of $53.28 is above the last closing price of $51.74. The 10 and 20 day periods can predict short term moving average trends.
AeroVironment 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 AVAV stock. AeroVironment bollinger bands show that the stock price is $51.74, upper band is 55.32, lower band is 46.18, and the average is 50.75.
AeroVironment 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 AeroVironment MACD line is above the signal line.
AeroVironment 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 AVAV stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.