eBay Technical Analysis (NASDAQ:EBAY)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The eBay stock price data and volume are plotted in EBAY stock charts and these trading charts form the basis of technical analysis.
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 eBay. The technical analysis form of eBay stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
eBay Moving Average:
Moving averages show the EBAY stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $35.83 is below the last closing price of $37.04 and the 50 day moving average of $35.19 is below the $37.04 price. The 10 and 20 day periods can predict short term moving average trends.
eBay Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like eBay. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $37.04 is in the upper range of eBay bollinger bands.
eBay 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 eBay MACD line is above the signal line.
eBay 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. 78.45 is the RSI value of EBAY stock. .