iPass Technical Analysis (NASDAQ:IPAS)
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 iPass 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 IPAS stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for iPass. 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 iPass stock analysis.
iPass Moving Average
Moving averages show the IPAS 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 20 day moving average of $0.34 is below the last closing price of $0.38 and the 50 day moving average of $0.35 is below the last closing price of $0.38. The 10 and 20 day periods can predict short term moving average trends.
iPass 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 IPAS stock. The stock price is trading between the average and the upper band in the context of iPass bollinger bands.
iPass Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The iPass MACD line is below the signal line.
iPass Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of IPAS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.