Radware Technical Analysis (NASDAQ:RDWR)
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. Just by looking at the Radware 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 RDWR stock chart which creates a trading signal.
See Radware bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Radware stock analysis that does not care for the fair value of a company but uses price and volume data only.
Radware Moving Average
Moving averages help predict the price direction of RDWR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Radware are mostly signals of long term trends and will help long term traders.
Radware 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 RDWR stock. The stock price is trading between the average and the lower band in the context of Radware bollinger bands.
Radware 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 Radware MACD line is below the signal line.
Radware 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 RDWR stock is 46.84.