Pericom Technical Analysis (NASDAQ:PSEM)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Pericom 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 PSEM 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 Pericom. Technical analysis uses an approach for Pericom stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Pericom Moving Average:
Moving averages help predict the price direction of PSEM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. Moving averages can be used for PSEM trend identification. A rising moving average shows that stock prices are generally increasing.
Pericom Bollinger Bands:
Bollinger bands comprise of a center line usually PSEM SMA, and two PSEM stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $17.74 is in the lower range of Pericom bollinger bands.
Pericom 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 Pericom MACD indicator is above 0 indicating a bullish trend.
Pericom 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 . 52.67 is the RSI value of PSEM stock. .