Nutraceutical International Technical Analysis (NASDAQ:NUTR)
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 Nutraceutical International 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 NUTR stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Nutraceutical International. The technical analysis form of Nutraceutical International stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Nutraceutical International Moving Average
Moving averages show the NUTR 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 $41.88 is above the last closing price of $41.8 and the 50 day moving average of $41.74 is below the last closing price of $41.8. The 10 and 20 day periods can predict short term moving average trends.
Nutraceutical International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Nutraceutical International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Nutraceutical International bollinger bands show that the stock price is $41.8, upper band is 42.24, lower band is 41.51, and the average is 41.88.
Nutraceutical International 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 Nutraceutical International MACD line is below the signal line.
Nutraceutical International 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. 47.83 is the RSI value of NUTR stock.