Image Sensing Systems Technical Analysis (NASDAQ:ISNS)
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 Image Sensing Systems stock price data and volume are plotted in ISNS stock charts and these trading charts form the basis of technical analysis.
See Image Sensing Systems bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Image Sensing Systems stock analysis that does not care for the fair value of a company but uses price and volume data only.
Image Sensing Systems Moving Average
Moving averages show the ISNS 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Image Sensing Systems are mostly signals of long term trends and will help long term traders.
Image Sensing 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 ISNS stock. Currently the stock price of $4.1 is in the lower range of Image Sensing Systems bollinger bands.
Image Sensing Systems Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Image Sensing Systems MACD indicator can be used to identify bullish and bearish trends for the stock.
Image Sensing Systems Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of ISNS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.