Real Goods Solar Technical Analysis (NASDAQ:RGSE)
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 RGSE stock chart pattern can give those who understand technical analysis an indication of which way RGSE stock is headed, but cannot predict with 100% certainty as to what can happen to the Real Goods Solar stock price.
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 Real Goods Solar. The technical analysis form of Real Goods Solar stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Real Goods Solar Moving Average
Moving averages show the average price of RGSE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $1.14 is above the last closing price of $1.1 and the 50 day moving average of $1.22 is above the last closing price of $1.1. The 10 and 20 day periods can predict short term moving average trends.
Real Goods Solar Bollinger Bands
Bollinger bands comprise of a center line usually RGSE SMA, and two RGSE 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. Currently the stock price of $1.1 is in the lower range of Real Goods Solar bollinger bands.
Real Goods Solar 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 Real Goods Solar MACD line is below the signal line.
Real Goods Solar Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of RGSE stock is 28.57.