Rada Electronics Technical Analysis (NASDAQ:RADA)
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 RADA stock chart pattern can give those who understand technical analysis an indication of which way RADA stock is headed, but cannot predict with 100% certainty as to what can happen to the Rada Electronics stock price.
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 Rada Electronics. Technical analysis uses an approach for Rada Electronics stock analysis that does not care for the fair value of a company but uses price and volume data only.
Rada Electronics Moving Average
Moving averages show the RADA 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 20 day moving average of $2.75 is below the last closing price of $2.84 and the 50 day moving average of $2.55 is below the last closing price of $2.84. The 10 and 20 day periods can predict short term moving average trends.
Rada Electronics 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 RADA stock. Rada Electronics bollinger bands show that the stock price is $2.84, upper band is 3.04, lower band is 2.45, and the average is 2.75.
Rada Electronics 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 Rada Electronics MACD indicator can be used to identify bullish and bearish trends for the stock.
Rada Electronics 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. 69.49 is the RSI value of RADA stock.