Aberdeen Greater China Fund Technical Analysis (NYSE:GCH)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The GCH Chart pattern can give those who understand technical analysis an indication of which way GCH stock is headed, but cannot predict with 100% certainty as to what can happen to the Aberdeen Greater China Fund Price.
See Aberdeen Greater China Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Aberdeen Greater China Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Aberdeen Greater China Fund Moving Average
Moving averages show the GCH Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $12.94 is above the last closing price of $12.37 and the 50 day moving average of $13.13 is above the last closing price of $12.37. The 10 and 20 day periods can predict short term moving average trends.
Aberdeen Greater China Fund Bollinger Bands
Bollinger bands comprise of a center line usually GCH SMA, and two GCH 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 Price moves closer towards the lower band. Currently the Price of $12.37 is in the lower range of Aberdeen Greater China Fund bollinger bands.
Aberdeen Greater China Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Aberdeen Greater China Fund MACD line is below the signal line.
Aberdeen Greater China Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 30.62 is the RSI value of GCH stock.