QuickLogic Technical Analysis (NASDAQ:QUIK)
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. Just by looking at the QuickLogic 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 QUIK 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 QuickLogic. 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 QuickLogic stock analysis.
QuickLogic Moving Average
Moving averages show the average price of QUIK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $1.98 is above the last closing price of $1.67 and the 50 day moving average of $1.85 is above the last closing price of $1.67. The 10 and 20 day periods can predict short term moving average trends.
QuickLogic Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the QUIK stock. QuickLogic bollinger bands show that the stock price is $1.67, upper band is 2.24, lower band is 1.72, and the average is 1.98.
QuickLogic 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 QuickLogic MACD indicator can be used to identify bullish and bearish trends for the stock.
QuickLogic 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. 27.97 is the RSI value of QUIK stock.