Investment Technology Technical Analysis (NYSE:ITG)
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. The Investment Technology stock price data and volume are plotted in ITG stock charts and these trading charts form the basis of technical analysis.
See Investment Technology bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Investment Technology stock analysis.
Investment Technology Moving Average
Moving averages show the average price of ITG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $22.21 is below the price of $22.29.
Investment Technology Bollinger Bands
Bollinger bands comprise of a center line usually ITG SMA, and two ITG stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Investment Technology bollinger bands.
Investment Technology 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 Investment Technology MACD line is below the signal line.
Investment Technology Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of ITG stock is 45.2.