Five Oaks Investment Technical Analysis (NYSE:OAKS)
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 Five Oaks Investment 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 OAKS stock chart which creates a trading signal.
See Five Oaks Investment bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Five Oaks Investment stock analysis.
Five Oaks Investment Moving Average
Moving averages show the average price of OAKS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $2.88 is above the last closing price of $2.86 and the 50 day moving average of $3.13 is above the last closing price of $2.86. The 10 and 20 day periods can predict short term moving average trends.
Five Oaks Investment Bollinger Bands
Bollinger bands comprise of a center line usually OAKS SMA, and two OAKS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Five Oaks Investment bollinger bands.
Five Oaks Investment 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 Five Oaks Investment MACD indicator can be used to identify bullish and bearish trends for the stock.
Five Oaks Investment 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 . 58.18 is the RSI value of OAKS stock.