Harvard Bioscience Technical Analysis (NASDAQ:HBIO)
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 Harvard Bioscience stock price data and volume are plotted in HBIO 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 Harvard Bioscience. Technical analysis uses an approach for Harvard Bioscience stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Harvard Bioscience Moving Average:
Moving averages show the HBIO stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for HBIO trend identification. A rising moving average shows that stock prices are generally increasing.
Harvard Bioscience Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Harvard Bioscience stock price relative to previous trades. Harvard Bioscience bollinger bands show that the stock price is $2.8, upper band is 3.57, lower band is 3, and the average is 3.29.
Harvard Bioscience 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 Harvard Bioscience MACD line is above the signal line.
Harvard Bioscience 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 . The relative strength index of HBIO stock is 41.18. .