BroadSoft Technical Analysis (NASDAQ:BSFT)
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 BSFT stock chart pattern can give those who understand technical analysis an indication of which way BSFT stock is headed, but cannot predict with 100% certainty as to what can happen to the BroadSoft stock price.
See BroadSoft bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of BroadSoft stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
BroadSoft Moving Average
Moving averages show the average price of BSFT 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 BroadSoft are mostly signals of long term trends and will help long term traders.
BroadSoft 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 BSFT stock. The stock price is trading between the average and the upper band in the context of BroadSoft bollinger bands.
BroadSoft 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 BroadSoft MACD indicator can be used to identify bullish and bearish trends for the stock.
BroadSoft 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 . 53.33 is the RSI value of BSFT stock.