MEET GROUP INC Technical Analysis (NASDAQ:MEET)
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. The MEET stock chart pattern can give those who understand technical analysis an indication of which way MEET stock is headed, but cannot predict with 100% certainty as to what can happen to the MEET GROUP INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for MEET GROUP INC. Technical analysis uses an approach for MEET GROUP INC stock analysis that does not care for the fair value of a company but uses price and volume data only.
MEET GROUP INC Moving Average
Moving averages show the MEET 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. The 20 day moving average of $4.15 is above the last closing price of $4.02 and the 50 day moving average of $4.23 is above the last closing price of $4.02. The 10 and 20 day periods can predict short term moving average trends.
MEET GROUP INC 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 MEET stock. MEET GROUP INC bollinger bands show that the stock price is $4.02, upper band is 4.39, lower band is 3.91, and the average is 4.15.
MEET GROUP INC 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 MEET GROUP INC MACD indicator can be used to identify bullish and bearish trends for the stock.
MEET GROUP INC 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 MEET stock is 48.11.