Pioneer Power Technical Analysis (NASDAQ:PPSI)
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 PPSI stock chart pattern can give those who understand technical analysis an indication of which way PPSI stock is headed, but cannot predict with 100% certainty as to what can happen to the Pioneer Power 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 Pioneer Power. 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 Pioneer Power stock analysis.
Pioneer Power Moving Average
Moving averages help predict the price direction of PPSI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $5.02 is above the last closing price of $4.8 and the 50 day moving average of $5.14 is above the last closing price of $4.8. The 10 and 20 day periods can predict short term moving average trends.
Pioneer Power 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 PPSI stock. Currently the stock price of $4.8 is in the lower range of Pioneer Power bollinger bands.
Pioneer Power 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 Pioneer Power MACD indicator can be used to identify bullish and bearish trends for the stock.
Pioneer Power Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 35.9 is the RSI value of PPSI stock.