MobileIron Technical Analysis (NASDAQ:MOBL)
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. Just by looking at the MobileIron 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 MOBL 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 MobileIron. The technical analysis form of MobileIron stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
MobileIron Moving Average
Moving averages help predict the price direction of MOBL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for MobileIron are mostly signals of long term trends and will help long term traders.
MobileIron 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 MOBL stock. The stock price is trading between the average and the lower band in the context of MobileIron bollinger bands.
MobileIron 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 MobileIron MACD line is below the signal line.
MobileIron 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. 70 is the RSI value of MOBL stock.