DMC GLOBAL INC Technical Analysis (NASDAQ:BOOM)
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. Just by looking at the DMC GLOBAL INC stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the BOOM stock chart which creates a trading signal.
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 DMC GLOBAL INC. The technical analysis form of DMC GLOBAL INC stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
DMC GLOBAL INC Moving Average
Moving averages show the average price of BOOM 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 $44.11 is above the last closing price of $43.4 and the 50 day moving average of $38.33 is below the last closing price of $43.4. The 10 and 20 day periods can predict short term moving average trends.
DMC GLOBAL INC Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BOOM stock. DMC GLOBAL INC bollinger bands show that the stock price is $43.4, upper band is 45.56, lower band is 42.66, and the average is 44.11.
DMC GLOBAL INC 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 DMC GLOBAL INC MACD indicator is below 0 indicating a bearish trend.
DMC GLOBAL INC 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 . 50.3 is the RSI value of BOOM stock.