Sky-mobi Technical Analysis (NASDAQ:MOBI)
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 Sky-mobi stock price data and volume are plotted in MOBI 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 Sky-mobi. Technical analysis uses an approach for Sky-mobi stock analysis that does not care for the fair value of a company but uses price and volume data only.
Sky-mobi Moving Average
Moving averages help predict the price direction of MOBI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $2.11 is below the price of $2.14.
Sky-mobi 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 MOBI stock. The stock price is trading between the average and the upper band in the context of Sky-mobi bollinger bands.
Sky-mobi Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Sky-mobi MACD line is above the signal line.
Sky-mobi 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 MOBI stock is 69.74.