Kona Grill Technical Analysis (NASDAQ:KONA)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Kona Grill stock price movements is formed, the KONA stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Kona Grill. Technical analysis uses an approach for Kona Grill stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Kona Grill Moving Average:
Moving averages show the average price of KONA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer KONA stock price movement for the moving average to change course.
Kona Grill Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Kona Grill. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Kona Grill bollinger bands show that the stock price is $5.4, upper band is 12.62, lower band is 11.37, and the average is 11.99.
Kona Grill 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 Kona Grill MACD indicator is below 0 indicating a bearish trend.
Kona Grill 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. 26.32 is the RSI value of KONA stock. .