Otter Tail Technical Analysis (NASDAQ:OTTR)
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 OTTR stock chart pattern can give those who understand technical analysis an indication of which way OTTR stock is headed, but cannot predict with 100% certainty as to what can happen to the Otter Tail 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 Otter Tail. Technical analysis uses an approach for Otter Tail stock analysis that does not care for the fair value of a company but uses price and volume data only.
Otter Tail Moving Average
Moving averages show the OTTR 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 Otter Tail are mostly signals of long term trends and will help long term traders.
Otter Tail Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Otter Tail. 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 Otter Tail bollinger bands.
Otter Tail 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 Otter Tail MACD indicator is below 0 indicating a bearish trend.
Otter Tail 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. 70.65 is the RSI value of OTTR stock.