General Communication Technical Analysis (NASDAQ:GNCMA)
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 General Communication stock price data and volume are plotted in GNCMA stock charts and these trading charts form the basis of technical analysis.
See General Communication bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of General Communication stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
General Communication Moving Average:
Moving averages help predict the price direction of GNCMA 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 $41.81 is above the last closing price of $40.5 and the 50 day moving average of $41.53 is above the $40.5 price. The 10 and 20 day periods can predict short term moving average trends.
General Communication Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the GNCMA stock. Currently the stock price of $40.5 is in the lower range of General Communication bollinger bands.
General Communication Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The General Communication MACD line is below the signal line.
General Communication Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of GNCMA stock is 20.65. .