Edgewater Technology Technical Analysis (NASDAQ:EDGW)
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 Edgewater Technology stock price data and volume are plotted in EDGW 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 Edgewater Technology. The technical analysis form of Edgewater Technology stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Edgewater Technology Moving Average
Moving averages show the EDGW stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.35 is above the price of $6.18.
Edgewater Technology Bollinger Bands
Bollinger bands comprise of a center line usually EDGW SMA, and two EDGW 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. Currently the stock price of $6.18 is in the lower range of Edgewater Technology bollinger bands.
Edgewater Technology 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 Edgewater Technology MACD indicator can be used to identify bullish and bearish trends for the stock.
Edgewater Technology 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. 41.1 is the RSI value of EDGW stock.