COUPA SOFTWARE Technical Analysis (NASDAQ:COUP)
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. Just by looking at the COUPA SOFTWARE 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 COUP 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 COUPA SOFTWARE. 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 COUPA SOFTWARE stock analysis.
COUPA SOFTWARE Moving Average
Moving averages show the average price of COUP 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 COUPA SOFTWARE are mostly signals of long term trends and will help long term traders.
COUPA SOFTWARE Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like COUPA SOFTWARE. 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 upper band in the context of COUPA SOFTWARE bollinger bands.
COUPA SOFTWARE 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 COUPA SOFTWARE MACD indicator can be used to identify bullish and bearish trends for the stock.
COUPA SOFTWARE Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 68.61 is the RSI value of COUP stock.