Emmis Communications Technical Analysis (NASDAQ:EMMS)
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 EMMS stock chart pattern can give those who understand technical analysis an indication of which way EMMS stock is headed, but cannot predict with 100% certainty as to what can happen to the Emmis Communications 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 Emmis Communications. The technical analysis form of Emmis Communications stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Emmis Communications Moving Average
Moving averages show the EMMS 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 $3.2 is below the price of $3.3.
Emmis Communications Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Emmis Communications. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Emmis Communications bollinger bands show that the stock price is $3.3, upper band is 3.47, lower band is 2.93, and the average is 3.2.
Emmis Communications 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 Emmis Communications MACD indicator can be used to identify bullish and bearish trends for the stock.
Emmis Communications Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of EMMS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.