HSN Inc Technical Analysis (NASDAQ:HSNI)
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. Just by looking at the HSN Inc stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the HSNI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for HSN Inc. Technical analysis uses an approach for HSN Inc stock analysis that does not care for the fair value of a company but uses price and volume data only.
HSN Inc Moving Average
Moving averages show the HSNI 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 $41.52 is above the last closing price of $40.35 and the 50 day moving average of $39.99 is below the last closing price of $40.35. The 10 and 20 day periods can predict short term moving average trends.
HSN Inc Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like HSN Inc. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $40.35 is in the lower range of HSN Inc bollinger bands.
HSN Inc Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The HSN Inc MACD line is below the signal line.
HSN Inc 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 HSNI stock is 47.52.