Tekla Life Sciences Investors Technical Analysis (NYSE:HQL)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Tekla Life Sciences Investors Price data and volume are plotted in HQL Charts and these trading charts form the basis of technical analysis.
See Tekla Life Sciences Investors bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Tekla Life Sciences Investors Analysis.
Tekla Life Sciences Investors Moving Average
Moving averages help predict the price direction of HQL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $19.24 is below the last closing price of $19.93 and the 50 day moving average of $18.98 is below the last closing price of $19.93. The 10 and 20 day periods can predict short term moving average trends.
Tekla Life Sciences Investors Bollinger Bands
Bollinger bands comprise of a center line usually HQL SMA, and two HQL 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 Price moves closer towards the lower band. The Price is trading between the average and the upper band in the context of Tekla Life Sciences Investors bollinger bands.
Tekla Life Sciences 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 Life Sciences Investors MACD indicator can be used to identify bullish and bearish trends for the stock.
Tekla Life Sciences 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. 77 is the RSI value of HQL stock.