Insignia Systems Technical Analysis (NASDAQ:ISIG)
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 Insignia Systems stock price data and volume are plotted in ISIG 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 Insignia Systems. The technical analysis form of Insignia Systems stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Insignia Systems Moving Average
Moving averages show the ISIG 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 $1.8 is below the last closing price of $2.12 and the 50 day moving average of $1.51 is below the last closing price of $2.12. The 10 and 20 day periods can predict short term moving average trends.
Insignia Systems 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 ISIG stock. Currently the stock price of $2.12 is in the upper range of Insignia Systems bollinger bands.
Insignia Systems 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 Insignia Systems MACD indicator is below 0 indicating a bearish trend.
Insignia Systems 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 . 91.55 is the RSI value of ISIG stock.