Natural Health Trends Technical Analysis (NASDAQ:NHTC)
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. The Natural Health Trends stock price data and volume are plotted in NHTC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Natural Health Trends. Technical analysis uses an approach for Natural Health Trends stock analysis that does not care for the fair value of a company but uses price and volume data only.
Natural Health Trends Moving Average
Moving averages show the NHTC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $24.48 is above the price of $23.64.
Natural Health Trends 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 NHTC stock. Currently the stock price of $23.64 is in the lower range of Natural Health Trends bollinger bands.
Natural Health Trends 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 Natural Health Trends MACD line is below the signal line.
Natural Health Trends 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 NHTC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.