eGain Technical Analysis (NASDAQ:EGAN)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The EGAN stock chart pattern can give those who understand technical analysis an indication of which way EGAN stock is headed, but cannot predict with 100% certainty as to what can happen to the eGain 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 eGain. The technical analysis form of eGain stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
eGain Moving Average
Moving averages show the EGAN 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. The 20 day moving average of $14.07 is below the last closing price of $14.4 and the 50 day moving average of $13.99 is below the last closing price of $14.4. The 10 and 20 day periods can predict short term moving average trends.
eGain 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 EGAN stock. Currently the stock price of $14.4 is in the upper range of eGain bollinger bands.
eGain 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 eGain MACD indicator can be used to identify bullish and bearish trends for the stock.
eGain Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of EGAN stock is 65.79.