Real Industry Technical Analysis (OTCMKTS:RELYQ)
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. Just by looking at the Real Industry 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 RELYQ stock chart which creates a trading signal.
See Real Industry bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Real Industry stock analysis.
Real Industry Moving Average
Moving averages show the RELYQ 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Real Industry are mostly signals of long term trends and will help long term traders.
Real Industry 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 RELYQ stock. The stock price is trading between the average and the lower band in the context of Real Industry bollinger bands.
Real Industry Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Real Industry MACD indicator is above 0 indicating a bullish trend.
Real Industry 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 RELYQ stock is 15.76.