Infinera Technical Analysis (NASDAQ:INFN)
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. The INFN stock chart pattern can give those who understand technical analysis an indication of which way INFN stock is headed, but cannot predict with 100% certainty as to what can happen to the Infinera stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Infinera. The technical analysis form of Infinera stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Infinera Moving Average
Moving averages show the average price of INFN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Infinera are mostly signals of long term trends and will help long term traders.
Infinera Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Infinera. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Infinera bollinger bands.
Infinera Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Infinera MACD indicator is below 0 indicating a bearish trend.
Infinera Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of INFN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.