INSPIRED ENTMNT Technical Analysis (NASDAQ:INSE)
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 INSPIRED ENTMNT 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 INSE stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for INSPIRED ENTMNT. Technical analysis uses an approach for INSPIRED ENTMNT stock analysis that does not care for the fair value of a company but uses price and volume data only.
INSPIRED ENTMNT Moving Average
Moving averages help predict the price direction of INSE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.11 is below the price of $6.4.
INSPIRED ENTMNT 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 INSE stock. The stock price is trading between the average and the upper band in the context of INSPIRED ENTMNT bollinger bands.
INSPIRED ENTMNT 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 INSPIRED ENTMNT MACD line is above the signal line.
INSPIRED ENTMNT 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. If the RSI of INSE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.