Natuzzi Technical Analysis (NYSE:NTZ)
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 NTZ stock chart pattern can give those who understand technical analysis an indication of which way NTZ stock is headed, but cannot predict with 100% certainty as to what can happen to the Natuzzi stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Natuzzi. The technical analysis form of Natuzzi stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Natuzzi Moving Average
Moving averages help predict the price direction of NTZ 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 Natuzzi are mostly signals of long term trends and will help long term traders.
Natuzzi Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Natuzzi. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Natuzzi bollinger bands.
Natuzzi 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 Natuzzi MACD indicator can be used to identify bullish and bearish trends for the stock.
Natuzzi 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 . 46.79 is the RSI value of NTZ stock.