Barington/Hilco Acquisition Technical Analysis (NASDAQ:BHAC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Barington/Hilco Acquisition stock price data and volume are plotted in BHAC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Barington/Hilco Acquisition. The technical analysis form of Barington/Hilco Acquisition stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Barington/Hilco Acquisition Moving Average
Moving averages show the average price of BHAC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $10.69 is below the last closing price of $10.72 and the 50 day moving average of $10.72 is below the last closing price of $10.72. The 10 and 20 day periods can predict short term moving average trends.
Barington/Hilco Acquisition Bollinger Bands
Bollinger bands comprise of a center line usually BHAC SMA, and two BHAC 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. Currently the stock price of $10.72 is in the upper range of Barington/Hilco Acquisition bollinger bands.
Barington/Hilco Acquisition 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 Barington/Hilco Acquisition MACD line is above the signal line.
Barington/Hilco Acquisition Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 46.88 is the RSI value of BHAC stock.