Hudson Technologies Technical Analysis (NASDAQ:HDSN)
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 Hudson Technologies stock price data and volume are plotted in HDSN stock charts and these trading charts form the basis of technical analysis.
See Hudson Technologies bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Hudson Technologies stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Hudson Technologies Moving Average
Moving averages show the average price of HDSN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.15 is above the price of $6.13.
Hudson Technologies Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hudson Technologies. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Hudson Technologies bollinger bands show that the stock price is $6.13, upper band is 6.72, lower band is 5.58, and the average is 6.15.
Hudson Technologies 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 Hudson Technologies MACD indicator is below 0 indicating a bearish trend.
Hudson Technologies Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of HDSN stock is 34.29.