B.O.S. Better Online Solutions Technical Analysis (NASDAQ:BOSC)
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 BOSC stock chart pattern can give those who understand technical analysis an indication of which way BOSC stock is headed, but cannot predict with 100% certainty as to what can happen to the B.O.S. Better Online Solutions stock price.
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 B.O.S. Better Online Solutions. 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 B.O.S. Better Online Solutions stock analysis.
B.O.S. Better Online Solutions Moving Average
Moving averages show the average price of BOSC 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 $2.26 is below the last closing price of $2.33 and the 50 day moving average of $2.21 is below the last closing price of $2.33. The 10 and 20 day periods can predict short term moving average trends.
B.O.S. Better Online Solutions 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 BOSC stock. The stock price is trading between the average and the upper band in the context of B.O.S. Better Online Solutions bollinger bands.
B.O.S. Better Online Solutions 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 B.O.S. Better Online Solutions MACD indicator is below 0 indicating a bearish trend.
B.O.S. Better Online Solutions 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 . If the RSI of BOSC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.