Finjan Technical Analysis (NASDAQ:FNJN)
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 Finjan stock price data and volume are plotted in FNJN stock charts and these trading charts form the basis of technical analysis.
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 Finjan. Technical analysis uses an approach for Finjan stock analysis that does not care for the fair value of a company but uses price and volume data only.
Finjan Moving Average
Moving averages help predict the price direction of FNJN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Finjan are mostly signals of long term trends and will help long term traders.
Finjan Bollinger Bands
Bollinger bands comprise of a center line usually FNJN SMA, and two FNJN stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $3.72 is in the lower range of Finjan bollinger bands.
Finjan 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 Finjan MACD line is below the signal line.
Finjan Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 14.95 is the RSI value of FNJN stock.