Eastside Distilling Technical Analysis (NASDAQ:EAST)
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 Eastside Distilling stock price data and volume are plotted in EAST stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Eastside Distilling. 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 Eastside Distilling stock analysis.
Eastside Distilling Moving Average
Moving averages show the average price of EAST stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $4.96 is below the price of $4.97.
Eastside Distilling 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 EAST stock. Currently the stock price of $4.97 is in the upper range of Eastside Distilling bollinger bands.
Eastside Distilling 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 Eastside Distilling MACD indicator can be used to identify bullish and bearish trends for the stock.
Eastside Distilling 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. The relative strength index of EAST stock is 38.28.