LightInTheBox Technical Analysis (NYSE:LITB)
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. The LightInTheBox stock price data and volume are plotted in LITB stock charts and these trading charts form the basis of technical analysis.
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 LightInTheBox. Technical analysis uses an approach for LightInTheBox stock analysis that does not care for the fair value of a company but uses price and volume data only.
LightInTheBox Moving Average
Moving averages show the LITB 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 20 day moving average of $1.46 is above the last closing price of $1.03 and the 50 day moving average of $1.66 is above the last closing price of $1.03. The 10 and 20 day periods can predict short term moving average trends.
LightInTheBox Bollinger Bands
Bollinger bands comprise of a center line usually LITB SMA, and two LITB 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 $1.03 is in the lower range of LightInTheBox bollinger bands.
LightInTheBox 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 LightInTheBox MACD indicator can be used to identify bullish and bearish trends for the stock.
LightInTheBox 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 LITB stock is 5.5.