POLAR POWER INC Technical Analysis (NASDAQ:POLA)
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 POLA stock chart pattern can give those who understand technical analysis an indication of which way POLA stock is headed, but cannot predict with 100% certainty as to what can happen to the POLAR POWER INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for POLAR POWER INC. 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 POLAR POWER INC stock analysis.
POLAR POWER INC Moving Average
Moving averages show the POLA 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 20 day moving average of $6.3 is below the last closing price of $6.32 and the 50 day moving average of $6.26 is below the last closing price of $6.32. The 10 and 20 day periods can predict short term moving average trends.
POLAR POWER INC Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the POLA stock. Currently the stock price of $6.32 is in the upper range of POLAR POWER INC bollinger bands.
POLAR POWER INC 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 POLAR POWER INC MACD indicator can be used to identify bullish and bearish trends for the stock.
POLAR POWER 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 . The relative strength index of POLA stock is 54.6.