Mavenir Systems Technical Analysis (NYSE:MVNR)
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 Mavenir Systems stock price data and volume are plotted in MVNR stock charts and these trading charts form the basis of technical analysis.
See Mavenir Systems bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Mavenir Systems stock analysis.
Mavenir Systems Moving Average
Moving averages help predict the price direction of MVNR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $17.64 is above the price of $17.5.
Mavenir Systems Bollinger Bands
Bollinger bands comprise of a center line usually MVNR SMA, and two MVNR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Mavenir Systems bollinger bands show that the stock price is $17.5, upper band is 18.18, lower band is 17.1, and the average is 17.64.
Mavenir Systems Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Mavenir Systems MACD line is above the signal line.
Mavenir Systems 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 . The relative strength index of MVNR stock is 26.24.