Questcor Pharma Technical Analysis (NASDAQ:QCOR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Questcor Pharma stock price data and volume are plotted in QCOR stock charts and these trading charts form the basis of technical analysis.
See Questcor Pharma bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Questcor Pharma stock analysis.
Questcor Pharma Moving Average
Moving averages help predict the price direction of QCOR 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 $92.66 is below the last closing price of $93.6 and the 50 day moving average of $92.15 is below the last closing price of $93.6. The 10 and 20 day periods can predict short term moving average trends.
Questcor Pharma Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Questcor Pharma. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Questcor Pharma bollinger bands.
Questcor Pharma 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 Questcor Pharma MACD indicator is above 0 indicating a bullish trend.
Questcor Pharma Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of QCOR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.