Exar Technical Analysis (NYSE:EXAR)
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 EXAR stock chart pattern can give those who understand technical analysis an indication of which way EXAR stock is headed, but cannot predict with 100% certainty as to what can happen to the Exar stock price.
See Exar bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Exar stock analysis.
Exar Moving Average
Moving averages help predict the price direction of EXAR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.98 is below the price of $12.99.
Exar Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Exar. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Exar bollinger bands.
Exar 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 Exar MACD indicator is above 0 indicating a bullish trend.
Exar Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of EXAR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.