Pericom Technical Analysis (NASDAQ:PSEM)
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 Pericom stock price data and volume are plotted in PSEM stock charts and these trading charts form the basis of technical analysis.
See Pericom bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 show the PSEM 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 $17.71 is below the last closing price of $17.74 and the 50 day moving average of $17.65 is below the last closing price of $17.74. The 10 and 20 day periods can predict short term moving average trends.
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 overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Pericom bollinger bands.
Pericom 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 Pericom MACD line is below the signal line.
Pericom Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of PSEM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.