China New Borun Technical Analysis (NYSE:BORN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The China New Borun stock price data and volume are plotted in BORN 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 China New Borun. The technical analysis form of China New Borun stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
China New Borun Moving Average
Moving averages show the average price of BORN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.22 is above the price of $1.16.
China New Borun Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like China New Borun. 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 China New Borun bollinger bands.
China New Borun 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 China New Borun MACD line is below the signal line.
China New Borun 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 . 38.93 is the RSI value of BORN stock.