MTS Systems Technical Analysis (NASDAQ:MTSC)
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 MTSC stock chart pattern can give those who understand technical analysis an indication of which way MTSC stock is headed, but cannot predict with 100% certainty as to what can happen to the MTS Systems stock price.
See MTS Systems bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for MTS Systems stock analysis that does not care for the fair value of a company but uses price and volume data only.
MTS Systems Moving Average
Moving averages show the average price of MTSC 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 $49.86 is above the last closing price of $49.6 and the 50 day moving average of $52.47 is above the last closing price of $49.6. The 10 and 20 day periods can predict short term moving average trends.
MTS Systems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like MTS Systems. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of MTS Systems bollinger bands.
MTS Systems 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 MTS Systems MACD indicator can be used to identify bullish and bearish trends for the stock.
MTS Systems 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 MTSC stock is 35.71.