Orbital Sciences Technical Analysis (NYSE:ORB)
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. Just by looking at the Orbital Sciences 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 ORB stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Orbital Sciences. 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 Orbital Sciences stock analysis.
Orbital Sciences Moving Average
Moving averages show the ORB 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Orbital Sciences are mostly signals of long term trends and will help long term traders.
Orbital Sciences Bollinger Bands
Bollinger bands comprise of a center line usually ORB SMA, and two ORB 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 upper band in the context of Orbital Sciences bollinger bands.
Orbital Sciences 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 Orbital Sciences MACD line is below the signal line.
Orbital Sciences 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 . The relative strength index of ORB stock is 63.59.