CHIPMOS TEC ADR Technical Analysis (NASDAQ:IMOS)
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 CHIPMOS TEC ADR stock price data and volume are plotted in IMOS stock charts and these trading charts form the basis of technical analysis.
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 CHIPMOS TEC ADR. 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 CHIPMOS TEC ADR stock analysis.
CHIPMOS TEC ADR Moving Average
Moving averages show the IMOS 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for CHIPMOS TEC ADR are mostly signals of long term trends and will help long term traders.
CHIPMOS TEC ADR Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the IMOS stock. The stock price is trading between the average and the upper band in the context of CHIPMOS TEC ADR bollinger bands.
CHIPMOS TEC ADR 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 CHIPMOS TEC ADR MACD line is below the signal line.
CHIPMOS TEC ADR Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of IMOS stock is 44.82.