QuickLogic Technical Analysis (NASDAQ:QUIK)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. When a chart pattern that can predict future QuickLogic stock price movements is formed, the QUIK stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for QuickLogic. The technical analysis form of QuickLogic stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
QuickLogic Moving Average:
Moving averages help predict the price direction of QUIK 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 $1.55 is below the last closing price of $1.75 and the 50 day moving average of $1.44 is below the $1.75 price. The 10 and 20 day periods can predict short term moving average trends.
QuickLogic Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of QuickLogic stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of QuickLogic bollinger bands.
QuickLogic 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 QuickLogic MACD indicator is above 0 indicating a bullish trend.
QuickLogic Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of QUIK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .