j2 Global Technical Analysis (NASDAQ:JCOM)
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. Just by looking at the j2 Global stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the JCOM stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for j2 Global. 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 j2 Global stock analysis.
j2 Global Moving Average
Moving averages help predict the price direction of JCOM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $85.51 is above the last closing price of $82.2 and the 50 day moving average of $87.03 is above the last closing price of $82.2. The 10 and 20 day periods can predict short term moving average trends.
j2 Global Bollinger Bands
Bollinger bands comprise of a center line usually JCOM SMA, and two JCOM 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. Currently the stock price of $82.2 is in the lower range of j2 Global bollinger bands.
j2 Global 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 j2 Global MACD line is above the signal line.
j2 Global 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. If the RSI of JCOM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.