Liquidity Services Technical Analysis (NASDAQ:LQDT)
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 Liquidity Services 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 LQDT stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Liquidity Services. Technical analysis uses an approach for Liquidity Services stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Liquidity Services Moving Average:
Moving averages help predict the price direction of LQDT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $6.38 is below the last closing price of $6.45 and the 50 day moving average of $6.49 is above the $6.45 price. The 10 and 20 day periods can predict short term moving average trends.
Liquidity Services Bollinger Bands:
Bollinger bands comprise of a center line usually LQDT SMA, and two LQDT stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Liquidity Services bollinger bands show that the stock price is $6.45, upper band is 20.11, lower band is 17.68, and the average is 18.89.
Liquidity Services Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Liquidity Services MACD line is above the signal line.
Liquidity Services Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 55 is the RSI value of LQDT stock. .