LRAD Corp Technical Analysis (NASDAQ:LRAD)
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. A LRAD stock chart pattern can give those who understand technical analysis an indication of which way LRAD stock is headed, but cannot predict with 100% certainty as to what can happen to the LRAD Corp stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for LRAD Corp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking LRAD Corp stock analysis using these technical indicators helps identify trading opportunities.
LRAD Corp Moving Average:
LRAD 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 LRAD Corp chart patterns after the calculations remain the same. The 100 day moving average of 1.68 is below the last closing price of 1.83. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.73 is below the price of $1.83.
LRAD Corp 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 LRAD stock. LRAD Corp bollinger bands show that the stock price is $1.83, upper band is 4, lower band is 3.54, and the average is 3.77.
LRAD Corp 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 LRAD Corp MACD line is below the signal line.
LRAD Corp 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 LRAD stock is 63.27. .