PDF Solutions Technical Analysis (NASDAQ:PDFS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the PDF Solutions 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 PDFS stock chart which creates a trading signal.
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 PDF Solutions. Technical analysis uses an approach for PDF Solutions stock analysis that does not care for the fair value of a company but uses price and volume data only.
PDF Solutions Moving Average
Moving averages show the average price of PDFS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.51 is below the price of $12.38.
PDF Solutions Bollinger Bands
Bollinger bands comprise of a center line usually PDFS SMA, and two PDFS 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. PDF Solutions bollinger bands show that the stock price is $12.38, upper band is 12.59, lower band is 10.44, and the average is 11.51.
PDF Solutions 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 PDF Solutions MACD line is below the signal line.
PDF Solutions Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of PDFS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.