Netgear Technical Analysis (NASDAQ:NTGR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The NTGR stock chart pattern can give those who understand technical analysis an indication of which way NTGR stock is headed, but cannot predict with 100% certainty as to what can happen to the Netgear stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Netgear. Technical analysis uses an approach for Netgear stock analysis that does not care for the fair value of a company but uses price and volume data only.
Netgear Moving Average
Moving averages help predict the price direction of NTGR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Netgear are mostly signals of long term trends and will help long term traders.
Netgear 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 NTGR stock. Netgear bollinger bands show that the stock price is $57.85, upper band is 61.11, lower band is 55.27, and the average is 58.19.
Netgear 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 Netgear MACD line is below the signal line.
Netgear Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 48.06 is the RSI value of NTGR stock.