Fuel Systems Solutions Technical Analysis (NASDAQ:FSYS)
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. The FSYS stock chart pattern can give those who understand technical analysis an indication of which way FSYS stock is headed, but cannot predict with 100% certainty as to what can happen to the Fuel Systems Solutions stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Fuel Systems Solutions. 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 Fuel Systems Solutions stock analysis.
Fuel Systems Solutions Moving Average
Moving averages show the average price of FSYS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.15 is below the price of $5.4.
Fuel Systems Solutions Bollinger Bands
Bollinger bands comprise of a center line usually FSYS SMA, and two FSYS 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 $5.4 is in the upper range of Fuel Systems Solutions bollinger bands.
Fuel Systems Solutions 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 Fuel Systems Solutions MACD line is above the signal line.
Fuel Systems Solutions 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 FSYS stock is 57.86.