Remy Technical Analysis (NASDAQ:REMY)
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 Remy stock price data and volume are plotted in REMY 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 Remy. The technical analysis form of Remy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Remy Moving Average
Moving averages help predict the price direction of REMY 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 Remy are mostly signals of long term trends and will help long term traders.
Remy Bollinger Bands
Bollinger bands comprise of a center line usually REMY SMA, and two REMY 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. Remy bollinger bands show that the stock price is $29.48, upper band is 29.51, lower band is 29.44, and the average is 29.48.
Remy 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 Remy MACD line is below the signal line.
Remy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 64.71 is the RSI value of REMY stock.