E2open Technical Analysis (NASDAQ:EOPN)
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 E2open stock price data and volume are plotted in EOPN 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 E2open. Technical analysis uses an approach for E2open stock analysis that does not care for the fair value of a company but uses price and volume data only.
E2open Moving Average
Moving averages help predict the price direction of EOPN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for E2open are mostly signals of long term trends and will help long term traders.
E2open Bollinger Bands
Bollinger bands comprise of a center line usually EOPN SMA, and two EOPN 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. The stock price is trading between the average and the upper band in the context of E2open bollinger bands.
E2open 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 E2open MACD line is above the signal line.
E2open 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 . If the RSI of EOPN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.