MICROS Systems Technical Analysis (NASDAQ:MCRS)
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. Just by looking at the MICROS Systems 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 MCRS 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 MICROS Systems. Technical analysis uses an approach for MICROS Systems stock analysis that does not care for the fair value of a company but uses price and volume data only.
MICROS Systems Moving Average
Moving averages show the MCRS 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 $67.88 is below the price of $67.99.
MICROS Systems Bollinger Bands
Bollinger bands comprise of a center line usually MCRS SMA, and two MCRS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of MICROS Systems bollinger bands.
MICROS Systems 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 MICROS Systems MACD indicator can be used to identify bullish and bearish trends for the stock.
MICROS Systems 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 . The relative strength index of MCRS stock is 76.47.