Highpower International Technical Analysis (NASDAQ:HPJ)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Highpower International stock price data and volume are plotted in HPJ 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 Highpower International. The technical analysis form of Highpower International stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Highpower International Moving Average
Moving averages show the average price of HPJ 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 $2.95 is below the price of $3.1.
Highpower International 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 HPJ stock. Currently the stock price of $3.1 is in the upper range of Highpower International bollinger bands.
Highpower International 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 Highpower International MACD line is below the signal line.
Highpower International 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 HPJ stock is 60.71.