Beasley Broadcast Technical Analysis (NASDAQ:BBGI)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Beasley Broadcast stock price data and volume are plotted in BBGI stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Beasley Broadcast. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Beasley Broadcast stock analysis.
Beasley Broadcast Moving Average:
Moving averages show the BBGI stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer BBGI stock price movement for the moving average to change course.
Beasley Broadcast Bollinger Bands:
Bollinger bands comprise of a center line usually BBGI SMA, and two BBGI stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Beasley Broadcast bollinger bands show that the stock price is $11.1, upper band is 9.41, lower band is 8.98, and the average is 9.19.
Beasley Broadcast 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 Beasley Broadcast MACD line is above the signal line.
Beasley Broadcast Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of BBGI stock is 57.89. .