Neptune Tech. & Bio. Technical Analysis (NASDAQ:NEPT)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Neptune Tech. & Bio. stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NEPT stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Neptune Tech. & Bio.. The technical analysis form of Neptune Tech. & Bio. stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Neptune Tech. & Bio. Moving Average
Moving averages show the average price of NEPT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Neptune Tech. & Bio. are mostly signals of long term trends and will help long term traders.
Neptune Tech. & Bio. Bollinger Bands
Bollinger bands comprise of a center line usually NEPT SMA, and two NEPT 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. Neptune Tech. & Bio. bollinger bands show that the stock price is $4.27, upper band is 4.56, lower band is 3.32, and the average is 3.94.
Neptune Tech. & Bio. 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 Neptune Tech. & Bio. MACD line is below the signal line.
Neptune Tech. & Bio. 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 NEPT stock is 56.76.