Five9 Technical Analysis (NASDAQ:FIVN)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The FIVN stock chart pattern can give those who understand technical analysis an indication of which way FIVN stock is headed, but cannot predict with 100% certainty as to what can happen to the Five9 stock price.
See Five9 bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Five9 stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Five9 Moving Average
Moving averages help predict the price direction of FIVN 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 $37.36 is below the price of $43.48.
Five9 Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Five9. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Five9 bollinger bands show that the stock price is $43.48, upper band is 46, lower band is 28.72, and the average is 37.36.
Five9 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 Five9 MACD indicator can be used to identify bullish and bearish trends for the stock.
Five9 Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 70.17 is the RSI value of FIVN stock.