Rally Software Development Technical Analysis (NYSE:RALY)
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. The Rally Software Development stock price data and volume are plotted in RALY stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Rally Software Development. The technical analysis form of Rally Software Development stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rally Software Development Moving Average
Moving averages show the average price of RALY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Rally Software Development are mostly signals of long term trends and will help long term traders.
Rally Software Development Bollinger Bands
Bollinger bands comprise of a center line usually RALY SMA, and two RALY stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Rally Software Development bollinger bands show that the stock price is $19.49, upper band is 19.48, lower band is 19.42, and the average is 19.45.
Rally Software Development 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 Rally Software Development MACD indicator is above 0 indicating a bullish trend.
Rally Software Development 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. The relative strength index of RALY stock is 66.67.