Ezchip Technical Analysis (NASDAQ:EZCH)
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. Just by looking at the Ezchip stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the EZCH stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ezchip. The technical analysis form of Ezchip stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ezchip Moving Average
Moving averages show the EZCH 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 $25.38 is below the last closing price of $25.49 and the 50 day moving average of $25.01 is below the last closing price of $25.49. The 10 and 20 day periods can predict short term moving average trends.
Ezchip 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 EZCH stock. Ezchip bollinger bands show that the stock price is $25.49, upper band is 25.47, lower band is 25.28, and the average is 25.38.
Ezchip 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 Ezchip MACD line is below the signal line.
Ezchip 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 EZCH stock is 72.