O2Micro Technical Analysis (NASDAQ:OIIM)
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 OIIM stock chart pattern can give those who understand technical analysis an indication of which way OIIM stock is headed, but cannot predict with 100% certainty as to what can happen to the O2Micro stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for O2Micro. The technical analysis form of O2Micro stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
O2Micro Moving Average
Moving averages help predict the price direction of OIIM 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 O2Micro are mostly signals of long term trends and will help long term traders.
O2Micro 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 OIIM stock. The stock price is trading between the average and the lower band in the context of O2Micro bollinger bands.
O2Micro 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 O2Micro MACD indicator is below 0 indicating a bearish trend.
O2Micro 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. 21.25 is the RSI value of OIIM stock.