StealthGas Technical Analysis (NASDAQ:GASS)
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 StealthGas stock price data and volume are plotted in GASS 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 StealthGas. Technical analysis uses an approach for StealthGas stock analysis that does not care for the fair value of a company but uses price and volume data only.
StealthGas Moving Average
Moving averages show the average price of GASS 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 $4.25 is above the price of $4.02.
StealthGas Bollinger Bands
Bollinger bands comprise of a center line usually GASS SMA, and two GASS 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. StealthGas bollinger bands show that the stock price is $4.02, upper band is 4.47, lower band is 4.03, and the average is 4.25.
StealthGas 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 StealthGas MACD indicator can be used to identify bullish and bearish trends for the stock.
StealthGas 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 GASS stock is 19.15.