Interactive Brokers Technical Analysis (NASDAQ:IBKR)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Interactive Brokers stock price data and volume are plotted in IBKR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Interactive Brokers. Technical analysis uses an approach for Interactive Brokers stock analysis that does not care for the fair value of a company but uses price and volume data only.
Interactive Brokers Moving Average
Moving averages show the average price of IBKR 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 $61.22 is above the last closing price of $61.2 and the 50 day moving average of $63.72 is above the last closing price of $61.2. The 10 and 20 day periods can predict short term moving average trends.
Interactive Brokers Bollinger Bands
Bollinger bands comprise of a center line usually IBKR SMA, and two IBKR 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. Currently the stock price of $61.2 is in the lower range of Interactive Brokers bollinger bands.
Interactive Brokers 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 Interactive Brokers MACD line is below the signal line.
Interactive Brokers Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of IBKR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.