Juniper Pharma Technical Analysis (NASDAQ:JNP)
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. Just by looking at the Juniper Pharma 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 JNP stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Juniper Pharma. 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 Juniper Pharma stock analysis.
Juniper Pharma Moving Average
Moving averages show the JNP 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 Juniper Pharma are mostly signals of long term trends and will help long term traders.
Juniper Pharma 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 JNP stock. Juniper Pharma bollinger bands show that the stock price is $11.5, upper band is 11.51, lower band is 11.42, and the average is 11.47.
Juniper Pharma 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 Juniper Pharma MACD indicator is above 0 indicating a bullish trend.
Juniper Pharma 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 JNP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.