IMPINJ INC Technical Analysis (NASDAQ:PI)
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 IMPINJ INC stock price data and volume are plotted in PI stock charts and these trading charts form the basis of technical analysis.
See IMPINJ INC 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 IMPINJ INC stock analysis.
IMPINJ INC Moving Average
Moving averages show the PI 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $20.29 is below the price of $22.66.
IMPINJ INC Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like IMPINJ INC. 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 IMPINJ INC bollinger bands.
IMPINJ INC 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 IMPINJ INC MACD indicator can be used to identify bullish and bearish trends for the stock.
IMPINJ INC 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 . 79.55 is the RSI value of PI stock.