eFuture Holding Technical Analysis (NASDAQ:EFUT)
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 eFuture Holding stock price data and volume are plotted in EFUT 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 eFuture Holding. Technical analysis uses an approach for eFuture Holding stock analysis that does not care for the fair value of a company but uses price and volume data only.
eFuture Holding Moving Average
Moving averages show the average price of EFUT 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 eFuture Holding are mostly signals of long term trends and will help long term traders.
eFuture Holding 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 EFUT stock. Currently the stock price of $6.38 is in the lower range of eFuture Holding bollinger bands.
eFuture Holding 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 eFuture Holding MACD indicator can be used to identify bullish and bearish trends for the stock.
eFuture Holding Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of EFUT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.