DASAN ZHONE SOL Technical Analysis (NASDAQ:DZSI)
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 DZSI stock chart pattern can give those who understand technical analysis an indication of which way DZSI stock is headed, but cannot predict with 100% certainty as to what can happen to the DASAN ZHONE SOL 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 DASAN ZHONE SOL. 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 DASAN ZHONE SOL stock analysis.
DASAN ZHONE SOL Moving Average
Moving averages help predict the price direction of DZSI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $10.19 is below the price of $11.21.
DASAN ZHONE SOL 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 DZSI stock. Currently the stock price of $11.21 is in the upper range of DASAN ZHONE SOL bollinger bands.
DASAN ZHONE SOL 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 DASAN ZHONE SOL MACD indicator can be used to identify bullish and bearish trends for the stock.
DASAN ZHONE SOL Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 71.05 is the RSI value of DZSI stock.