Ever-Glory Technical Analysis (NASDAQ:EVK)
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 EVK stock chart pattern can give those who understand technical analysis an indication of which way EVK stock is headed, but cannot predict with 100% certainty as to what can happen to the Ever-Glory 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 Ever-Glory. Technical analysis uses an approach for Ever-Glory stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ever-Glory Moving Average
Moving averages show the EVK 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 $3.88 is below the last closing price of $4.25 and the 50 day moving average of $3.66 is below the last closing price of $4.25. The 10 and 20 day periods can predict short term moving average trends.
Ever-Glory 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 EVK stock. Currently the stock price of $4.25 is in the upper range of Ever-Glory bollinger bands.
Ever-Glory 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 Ever-Glory MACD indicator can be used to identify bullish and bearish trends for the stock.
Ever-Glory 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 EVK stock is 69.7.