Ion Geophysical Technical Analysis (NYSE:IO)
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 Ion Geophysical stock price data and volume are plotted in IO 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 Ion Geophysical. Technical analysis uses an approach for Ion Geophysical stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ion Geophysical Moving Average
Moving averages help predict the price direction of IO 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 $16.7 is above the price of $15.3.
Ion Geophysical Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Ion Geophysical. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Ion Geophysical bollinger bands show that the stock price is $15.3, upper band is 18.61, lower band is 14.78, and the average is 16.7.
Ion Geophysical 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 Ion Geophysical MACD indicator can be used to identify bullish and bearish trends for the stock.
Ion Geophysical 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 IO stock is 31.36.