GLASSBRIDGE ENT Technical Analysis (OTCMKTS:GLAE)
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. Just by looking at the GLASSBRIDGE ENT stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the GLAE stock chart which creates a trading signal.
See GLASSBRIDGE ENT bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of GLASSBRIDGE ENT stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
GLASSBRIDGE ENT Moving Average
Moving averages help predict the price direction of GLAE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $3.54 is above the last closing price of $1 and the 50 day moving average of $3.7 is above the last closing price of $1. The 10 and 20 day periods can predict short term moving average trends.
GLASSBRIDGE ENT Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like GLASSBRIDGE ENT. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $1 is in the lower range of GLASSBRIDGE ENT bollinger bands.
GLASSBRIDGE ENT 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 GLASSBRIDGE ENT MACD indicator is below 0 indicating a bearish trend.
GLASSBRIDGE ENT Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 21.02 is the RSI value of GLAE stock.