MRV Communications Technical Analysis (NASDAQ:MRVC)
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 MRV Communications stock price data and volume are plotted in MRVC 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 MRV Communications. The technical analysis form of MRV Communications stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
MRV Communications Moving Average
Moving averages show the average price of MRVC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $9.94 is below the last closing price of $9.98 and the 50 day moving average of $9.73 is below the last closing price of $9.98. The 10 and 20 day periods can predict short term moving average trends.
MRV Communications 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 MRVC stock. MRV Communications bollinger bands show that the stock price is $9.98, upper band is 10.03, lower band is 9.86, and the average is 9.94.
MRV Communications 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 MRV Communications MACD indicator can be used to identify bullish and bearish trends for the stock.
MRV Communications Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of MRVC stock is 61.54.