Lipocine Technical Analysis (NASDAQ:LPCN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Lipocine stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the LPCN stock chart which creates a trading signal.
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 Lipocine. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Lipocine stock analysis.
Lipocine Moving Average
Moving averages show the LPCN 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.49 is below the price of $1.57.
Lipocine 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 LPCN stock. Lipocine bollinger bands show that the stock price is $1.57, upper band is 1.68, lower band is 1.31, and the average is 1.49.
Lipocine 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 Lipocine MACD line is below the signal line.
Lipocine 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. If the RSI of LPCN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.