Impax Lab Technical Analysis (NASDAQ:IPXL)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Impax Lab stock price data and volume are plotted in IPXL stock charts and these trading charts form the basis of technical analysis.
See Impax Lab bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Impax Lab stock analysis that does not care for the fair value of a company but uses price and volume data only.
Impax Lab Moving Average
Moving averages show the IPXL 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 $19.84 is below the last closing price of $20.45 and the 50 day moving average of $19.44 is below the last closing price of $20.45. The 10 and 20 day periods can predict short term moving average trends.
Impax Lab 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 IPXL stock. Impax Lab bollinger bands show that the stock price is $20.45, upper band is 21.06, lower band is 18.62, and the average is 19.84.
Impax Lab 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 Impax Lab MACD indicator is above 0 indicating a bullish trend.
Impax Lab Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 53.33 is the RSI value of IPXL stock.