LMI Aerospace Technical Analysis (NASDAQ:LMIA)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. When a chart pattern that can predict future LMI Aerospace stock price movements is formed, the LMIA stock chart can become a key tool for a technical analyst.
See LMI Aerospace bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of LMI Aerospace stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
LMI Aerospace Moving Average:
LMIA stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of LMI Aerospace chart patterns after the calculations remain the same. The 100 day moving average of 11.06 is below the last closing price of 13.91. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.8 is below the price of $13.91.
LMI Aerospace Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the LMIA stock. The stock price is trading between the average and the lower band in the context of LMI Aerospace bollinger bands.
LMI Aerospace 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 LMI Aerospace MACD indicator can be used to identify bullish and bearish trends for the stock.
LMI Aerospace 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. 68.75 is the RSI value of LMIA stock. .