Pike Technical Analysis (NYSE:PIKE)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Pike 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 PIKE stock chart which creates a trading signal.
See Pike 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 Pike stock analysis.
Pike Moving Average
Moving averages show the PIKE 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 Pike are mostly signals of long term trends and will help long term traders.
Pike Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Pike. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $12.01 is in the upper range of Pike bollinger bands.
Pike Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Pike MACD indicator is above 0 indicating a bullish trend.
Pike Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of PIKE stock is 53.85.