Rubicon Technology Technical Analysis (NASDAQ:RBCN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Rubicon Technology stock price data and volume are plotted in RBCN stock charts and these trading charts form the basis of technical analysis.
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 Rubicon Technology. 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 Rubicon Technology stock analysis.
Rubicon Technology Moving Average:
Moving averages help predict the price direction of RBCN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.85 is below the price of $7.96.
Rubicon Technology 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 RBCN stock. Rubicon Technology bollinger bands show that the stock price is $7.96, upper band is 193.39, lower band is 174.8, and the average is 184.09.
Rubicon Technology 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 Rubicon Technology MACD line is above the signal line.
Rubicon Technology Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of RBCN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .