Mattson Technology Technical Analysis (NASDAQ:MTSN)
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 Mattson Technology stock price data and volume are plotted in MTSN stock charts and these trading charts form the basis of technical analysis.
See Mattson Technology bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Mattson Technology stock analysis that does not care for the fair value of a company but uses price and volume data only.
Mattson Technology Moving Average
Moving averages help predict the price direction of MTSN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $3.65 is above the last closing price of $3.6 and the 50 day moving average of $3.64 is above the last closing price of $3.6. The 10 and 20 day periods can predict short term moving average trends.
Mattson Technology 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 MTSN stock. Currently the stock price of $3.6 is in the lower range of Mattson Technology bollinger bands.
Mattson Technology 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 Mattson Technology MACD indicator is below 0 indicating a bearish trend.
Mattson Technology 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 . If the RSI of MTSN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.