Amplify Snack Technical Analysis (NYSE:BETR)
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 BETR stock chart pattern can give those who understand technical analysis an indication of which way BETR stock is headed, but cannot predict with 100% certainty as to what can happen to the Amplify Snack stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Amplify Snack. 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 Amplify Snack stock analysis.
Amplify Snack Moving Average
Moving averages show the average price of BETR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Amplify Snack are mostly signals of long term trends and will help long term traders.
Amplify Snack Bollinger Bands
Bollinger bands comprise of a center line usually BETR SMA, and two BETR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Amplify Snack bollinger bands show that the stock price is $12, upper band is 12.19, lower band is 11.96, and the average is 12.07.
Amplify Snack 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 Amplify Snack MACD line is below the signal line.
Amplify Snack 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 . 39.39 is the RSI value of BETR stock.