Quality Systems Technical Analysis (NASDAQ:QSII)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Quality Systems stock price data and volume are plotted in QSII stock charts and these trading charts form the basis of technical analysis.
See Quality Systems 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 Quality Systems stock analysis.
Quality Systems Moving Average
Moving averages show the QSII 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Quality Systems are mostly signals of long term trends and will help long term traders.
Quality Systems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Quality Systems. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Quality Systems bollinger bands show that the stock price is $20.25, upper band is 20.55, lower band is 14.95, and the average is 17.75.
Quality Systems 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 Quality Systems MACD line is above the signal line.
Quality Systems 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 QSII stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.