Agria Technical Analysis (NYSE:GRO)
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. The Agria stock price data and volume are plotted in GRO 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 Agria. The technical analysis form of Agria stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Agria Moving Average
Moving averages help predict the price direction of GRO 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 $0.83 is below the last closing price of $0.85 and the 50 day moving average of $0.83 is below the last closing price of $0.85. The 10 and 20 day periods can predict short term moving average trends.
Agria Bollinger Bands
Bollinger bands comprise of a center line usually GRO SMA, and two GRO 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. Agria bollinger bands show that the stock price is $0.85, upper band is 0.87, lower band is 0.8, and the average is 0.83.
Agria 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 Agria MACD line is below the signal line.
Agria 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 . If the RSI of GRO stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.