Harvard Bioscience Technical Analysis (NASDAQ:HBIO)
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 Harvard Bioscience stock price data and volume are plotted in HBIO stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Harvard Bioscience. The technical analysis form of Harvard Bioscience stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Harvard Bioscience Moving Average
Moving averages help predict the price direction of HBIO 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 $4.72 is below the last closing price of $5.1 and the 50 day moving average of $5.11 is above the last closing price of $5.1. The 10 and 20 day periods can predict short term moving average trends.
Harvard Bioscience Bollinger Bands
Bollinger bands comprise of a center line usually HBIO SMA, and two HBIO 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. The stock price is trading between the average and the upper band in the context of Harvard Bioscience bollinger bands.
Harvard Bioscience Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Harvard Bioscience MACD line is below the signal line.
Harvard Bioscience 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 HBIO stock is 72.46.