Atlantica Yield Technical Analysis (NASDAQ:AY)
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 AY stock chart pattern can give those who understand technical analysis an indication of which way AY stock is headed, but cannot predict with 100% certainty as to what can happen to the Atlantica Yield stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Atlantica Yield. Technical analysis uses an approach for Atlantica Yield stock analysis that does not care for the fair value of a company but uses price and volume data only.
Atlantica Yield Moving Average
Moving averages show the AY 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 $20.34 is below the last closing price of $20.37 and the 50 day moving average of $20.03 is below the last closing price of $20.37. The 10 and 20 day periods can predict short term moving average trends.
Atlantica Yield Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Atlantica Yield. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $20.37 is in the upper range of Atlantica Yield bollinger bands.
Atlantica Yield 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 Atlantica Yield MACD line is above the signal line.
Atlantica Yield 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 AY stock is 43.36.