GDS HOLDINGS Technical Analysis (NASDAQ:GDS)
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 GDS HOLDINGS stock price data and volume are plotted in GDS stock charts and these trading charts form the basis of technical analysis.
See GDS HOLDINGS bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of GDS HOLDINGS stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
GDS HOLDINGS Moving Average
Moving averages show the GDS stock 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 $41.18 is below the last closing price of $43.43 and the 50 day moving average of $34.68 is below the last closing price of $43.43. The 10 and 20 day periods can predict short term moving average trends.
GDS HOLDINGS Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like GDS HOLDINGS. 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 upper band in the context of GDS HOLDINGS bollinger bands.
GDS HOLDINGS Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The GDS HOLDINGS MACD line is below the signal line.
GDS HOLDINGS Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of GDS stock is 68.56.