Telik Technical Analysis (OTCMKTS:MBVX)
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 Telik stock price data and volume are plotted in MBVX stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Telik. The technical analysis form of Telik stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Telik Moving Average
Moving averages show the average price of MBVX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $0.89 is above the price of $0.36.
Telik Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Telik. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Telik bollinger bands show that the stock price is $0.36, upper band is 1.28, lower band is 0.49, and the average is 0.89.
Telik 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 Telik MACD line is below the signal line.
Telik 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. The relative strength index of MBVX stock is 49.67.