FUSION CONNECT Technical Analysis (NASDAQ:FSNN)
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 FUSION CONNECT stock price data and volume are plotted in FSNN stock charts and these trading charts form the basis of technical analysis.
See FUSION CONNECT bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of FUSION CONNECT stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FUSION CONNECT Moving Average
Moving averages show the average price of FSNN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FUSION CONNECT are mostly signals of long term trends and will help long term traders.
FUSION CONNECT Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FUSION CONNECT. 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 lower band in the context of FUSION CONNECT bollinger bands.
FUSION CONNECT 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 FUSION CONNECT MACD line is below the signal line.
FUSION CONNECT 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 FSNN stock is 49.44.