Pixelworks Technical Analysis (NASDAQ:PXLW)
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 Pixelworks stock price data and volume are plotted in PXLW stock charts and these trading charts form the basis of technical analysis.
See Pixelworks bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Pixelworks stock analysis that does not care for the fair value of a company but uses price and volume data only.
Pixelworks Moving Average
Moving averages help predict the price direction of PXLW stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.51 is above the price of $4.1.
Pixelworks Bollinger Bands
Bollinger bands comprise of a center line usually PXLW SMA, and two PXLW 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. Pixelworks bollinger bands show that the stock price is $4.1, upper band is 6.78, lower band is 4.23, and the average is 5.51.
Pixelworks Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Pixelworks MACD indicator is below 0 indicating a bearish trend.
Pixelworks Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 17.8 is the RSI value of PXLW stock.