NetScout Systems Technical Analysis (NASDAQ:NTCT)
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 NetScout Systems 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 NTCT stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for NetScout Systems. The technical analysis form of NetScout Systems stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NetScout Systems Moving Average
Moving averages show the NTCT 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. The 20 day moving average of $26.85 is above the last closing price of $25.5 and the 50 day moving average of $27.05 is above the last closing price of $25.5. The 10 and 20 day periods can predict short term moving average trends.
NetScout Systems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like NetScout Systems. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $25.5 is in the lower range of NetScout Systems bollinger bands.
NetScout Systems 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 NetScout Systems MACD indicator is below 0 indicating a bearish trend.
NetScout Systems Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NTCT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.