JAKKS Pacific Technical Analysis (NASDAQ:JAKK)
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 JAKK stock chart pattern can give those who understand technical analysis an indication of which way JAKK stock is headed, but cannot predict with 100% certainty as to what can happen to the JAKKS Pacific stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for JAKKS Pacific. The technical analysis form of JAKKS Pacific stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
JAKKS Pacific Moving Average
Moving averages help predict the price direction of JAKK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for JAKKS Pacific are mostly signals of long term trends and will help long term traders.
JAKKS Pacific Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like JAKKS Pacific. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.25 is in the lower range of JAKKS Pacific bollinger bands.
JAKKS Pacific 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 JAKKS Pacific MACD indicator can be used to identify bullish and bearish trends for the stock.
JAKKS Pacific 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 . 46.15 is the RSI value of JAKK stock.