MRV Communications Technical Analysis (NASDAQ:MRVC)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A MRVC stock chart pattern can give those who understand technical analysis an indication of which way MRVC stock is headed, but cannot predict with 100% certainty as to what can happen to the MRV Communications stock price.
See MRV Communications bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 MRVC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for MRV Communications are mostly signals of long term trends and will help long term traders.
MRV Communications Bollinger Bands:
Bollinger bands comprise of a center line usually MRVC SMA, and two MRVC stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. MRV Communications bollinger bands show that the stock price is $9.98, upper band is 53.76, lower band is 44.38, and the average is 49.07.
MRV Communications 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 MRV Communications MACD line is below the signal line.
MRV Communications 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. 61.54 is the RSI value of MRVC stock. .