Highway Technical Analysis (NASDAQ:HIHO)
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 Highway stock price data and volume are plotted in HIHO 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 Highway. The technical analysis form of Highway stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Highway Moving Average
Moving averages show the HIHO stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Highway are mostly signals of long term trends and will help long term traders.
Highway 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 HIHO stock. Highway bollinger bands show that the stock price is $4, upper band is 4.14, lower band is 3.9, and the average is 4.02.
Highway 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 Highway MACD indicator is above 0 indicating a bullish trend.
Highway 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 . 41.35 is the RSI value of HIHO stock.