AVX Corp Technical Analysis (NYSE:AVX)
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. Just by looking at the AVX Corp 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 AVX stock chart which creates a trading signal.
See AVX Corp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AVX Corp stock analysis that does not care for the fair value of a company but uses price and volume data only.
AVX Corp Moving Average
Moving averages help predict the price direction of AVX 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 $18.58 is below the last closing price of $19.75 and the 50 day moving average of $16.86 is below the last closing price of $19.75. The 10 and 20 day periods can predict short term moving average trends.
AVX Corp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like AVX Corp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. AVX Corp bollinger bands show that the stock price is $19.75, upper band is 20.33, lower band is 16.42, and the average is 18.38.
AVX Corp 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 AVX Corp MACD indicator can be used to identify bullish and bearish trends for the stock.
AVX Corp 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 AVX stock is 75.06.