F5 Networks Technical Analysis (NASDAQ:FFIV)
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 FFIV stock chart pattern can give those who understand technical analysis an indication of which way FFIV stock is headed, but cannot predict with 100% certainty as to what can happen to the F5 Networks 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 F5 Networks. 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 F5 Networks stock analysis.
F5 Networks Moving Average
Moving averages help predict the price direction of FFIV stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $175.21 is below the last closing price of $181.55 and the 50 day moving average of $176.12 is below the last closing price of $181.55. The 10 and 20 day periods can predict short term moving average trends.
F5 Networks Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like F5 Networks. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. F5 Networks bollinger bands show that the stock price is $181.55, upper band is 182.41, lower band is 168, and the average is 175.21.
F5 Networks Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The F5 Networks MACD indicator can be used to identify bullish and bearish trends for the stock.
F5 Networks 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 FFIV stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.