Key Tech Technical Analysis (NASDAQ:KTEC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Key Tech stock price data and volume are plotted in KTEC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Key Tech. Technical analysis uses an approach for Key Tech stock analysis that does not care for the fair value of a company but uses price and volume data only.
Key Tech Moving Average
Moving averages show the average price of KTEC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $26.7 is below the last closing price of $26.74 and the 50 day moving average of $24.7 is below the last closing price of $26.74. The 10 and 20 day periods can predict short term moving average trends.
Key Tech Bollinger Bands
Bollinger bands comprise of a center line usually KTEC SMA, and two KTEC 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. The stock price is trading between the average and the upper band in the context of Key Tech bollinger bands.
Key Tech Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Key Tech MACD line is below the signal line.
Key Tech 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. The relative strength index of KTEC stock is 51.06.