Hyperion Therapeutics Technical Analysis (NASDAQ:HPTX)
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 HPTX stock chart pattern can give those who understand technical analysis an indication of which way HPTX stock is headed, but cannot predict with 100% certainty as to what can happen to the Hyperion Therapeutics stock price.
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 Hyperion Therapeutics. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Hyperion Therapeutics stock analysis.
Hyperion Therapeutics Moving Average
Moving averages show the HPTX 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 20 day moving average of $45.96 is below the last closing price of $45.99 and the 50 day moving average of $41.33 is below the last closing price of $45.99. The 10 and 20 day periods can predict short term moving average trends.
Hyperion Therapeutics Bollinger Bands
Bollinger bands comprise of a center line usually HPTX SMA, and two HPTX 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 Hyperion Therapeutics bollinger bands.
Hyperion Therapeutics 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 Hyperion Therapeutics MACD indicator is above 0 indicating a bullish trend.
Hyperion Therapeutics 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 . If the RSI of HPTX stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.