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. The RELYQ stock chart pattern can give those who understand technical analysis an indication of which way RELYQ stock is headed, but cannot predict with 100% certainty as to what can happen to the Real Industry stock price.
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 average price of RELYQ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.08 is above the price of $0.38.
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
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 Real Industry MACD indicator is above 0 indicating a bullish trend.
Real Industry Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of RELYQ stock is 15.76.