Innocoll Holdings Technical Analysis (NASDAQ:INNL)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Innocoll Holdings stock price data and volume are plotted in INNL 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 Innocoll Holdings. The technical analysis form of Innocoll Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Innocoll Holdings Moving Average
Moving averages show the average price of INNL 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 Innocoll Holdings are mostly signals of long term trends and will help long term traders.
Innocoll Holdings 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 INNL stock. Innocoll Holdings bollinger bands show that the stock price is $2.35, upper band is 2.33, lower band is 2.21, and the average is 2.27.
Innocoll Holdings 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 Innocoll Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
Innocoll Holdings Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of INNL stock is 60.61.