Tekla Healthcare Investors Technical Analysis (NYSE:HQH)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Tekla Healthcare Investors Price data and volume are plotted in HQH Charts and these trading charts form the basis of technical analysis.
See Tekla Healthcare Investors bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Tekla Healthcare Investors Analysis that does not care for the fair value of a company but uses price and volume data only.
Tekla Healthcare Investors Moving Average
Moving averages show the average price of HQH stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $22.08 is below the last closing price of $22.59 and the 50 day moving average of $21.75 is below the last closing price of $22.59. The 10 and 20 day periods can predict short term moving average trends.
Tekla Healthcare Investors Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Tekla Healthcare Investors. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Tekla Healthcare Investors bollinger bands show that the Price is $22.59, upper band is 23.18, lower band is 20.98, and the average is 22.08.
Tekla Healthcare Investors Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Tekla Healthcare Investors MACD line is above the signal line.
Tekla Healthcare Investors 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 HQH stock is 79.14.