Kulicke and Soffa Industries Technical Analysis (NASDAQ:KLIC)
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 Kulicke and Soffa Industries 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 KLIC stock chart which creates a trading signal.
See Kulicke and Soffa Industries bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Kulicke and Soffa Industries stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Kulicke and Soffa Industries Moving Average
Moving averages show the average price of KLIC 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 $26.61 is above the price of $25.84.
Kulicke and Soffa Industries Bollinger Bands
Bollinger bands comprise of a center line usually KLIC SMA, and two KLIC 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. Kulicke and Soffa Industries bollinger bands show that the stock price is $25.84, upper band is 27.37, lower band is 25.85, and the average is 26.61.
Kulicke and Soffa Industries 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 Kulicke and Soffa Industries MACD line is below the signal line.
Kulicke and Soffa Industries Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of KLIC stock is 45.36.