Blyth Technical Analysis (NYSE:BTH)
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 BTH stock chart pattern can give those who understand technical analysis an indication of which way BTH stock is headed, but cannot predict with 100% certainty as to what can happen to the Blyth stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Blyth. 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 Blyth stock analysis.
Blyth Moving Average
Moving averages show the average price of BTH 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 $5.98 is below the last closing price of $5.99 and the 50 day moving average of $5.07 is below the last closing price of $5.99. The 10 and 20 day periods can predict short term moving average trends.
Blyth Bollinger Bands
Bollinger bands comprise of a center line usually BTH SMA, and two BTH 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. Blyth bollinger bands show that the stock price is $5.99, upper band is 6.01, lower band is 5.96, and the average is 5.98.
Blyth 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 Blyth MACD indicator is below 0 indicating a bearish trend.
Blyth 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 BTH stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.