HMS Holdings Technical Analysis (NASDAQ:HMSY)
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 HMS Holdings stock price data and volume are plotted in HMSY 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 HMS Holdings. Technical analysis uses an approach for HMS Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
HMS Holdings Moving Average
Moving averages show the average price of HMSY 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 $16.6 is below the price of $17.46.
HMS Holdings Bollinger Bands
Bollinger bands comprise of a center line usually HMSY SMA, and two HMSY 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 HMS Holdings bollinger bands.
HMS Holdings Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The HMS Holdings MACD indicator is below 0 indicating a bearish trend.
HMS Holdings 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 . 67.3 is the RSI value of HMSY stock.