Lilis Energy Technical Analysis (NYSEMKT:LLEX)
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 LLEX stock chart pattern can give those who understand technical analysis an indication of which way LLEX stock is headed, but cannot predict with 100% certainty as to what can happen to the Lilis Energy stock price.
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 Lilis Energy. Technical analysis uses an approach for Lilis Energy stock analysis that does not care for the fair value of a company but uses price and volume data only.
Lilis Energy Moving Average
Moving averages show the LLEX 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 Lilis Energy are mostly signals of long term trends and will help long term traders.
Lilis Energy Bollinger Bands
Bollinger bands comprise of a center line usually LLEX SMA, and two LLEX 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 Lilis Energy bollinger bands.
Lilis Energy 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 Lilis Energy MACD line is below the signal line.
Lilis Energy 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 LLEX stock is 59.01.