B Riley Financial Technical Analysis (NASDAQ:RILY)
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 B Riley Financial stock price data and volume are plotted in RILY stock charts and these trading charts form the basis of technical analysis.
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 B Riley Financial. The technical analysis form of B Riley Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
B Riley Financial Moving Average
Moving averages show the average price of RILY 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 $22.5 is above the price of $22.38.
B Riley Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like B Riley Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $22.38 is in the lower range of B Riley Financial bollinger bands.
B Riley Financial 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 B Riley Financial MACD indicator is above 0 indicating a bullish trend.
B Riley Financial 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 RILY stock is 46.15.