Beasley Broadcast Technical Analysis (NASDAQ:BBGI)
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 BBGI stock chart pattern can give those who understand technical analysis an indication of which way BBGI stock is headed, but cannot predict with 100% certainty as to what can happen to the Beasley Broadcast stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Beasley Broadcast. Technical analysis uses an approach for Beasley Broadcast stock analysis that does not care for the fair value of a company but uses price and volume data only.
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 or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $12.47 is above the last closing price of $12.1 and the 50 day moving average of $12.67 is above the last closing price of $12.1. The 10 and 20 day periods can predict short term moving average trends.
Beasley Broadcast Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Beasley Broadcast. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Beasley Broadcast bollinger bands.
Beasley Broadcast 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 Beasley Broadcast MACD line is below the signal line.
Beasley Broadcast 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 . 36.71 is the RSI value of BBGI stock.