Rosetta Resources Technical Analysis (NASDAQ:ROSE2)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The ROSE2 stock chart pattern can give those who understand technical analysis an indication of which way ROSE2 stock is headed, but cannot predict with 100% certainty as to what can happen to the Rosetta Resources 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 Rosetta Resources. Technical analysis uses an approach for Rosetta Resources stock analysis that does not care for the fair value of a company but uses price and volume data only.
Rosetta Resources Moving Average
Moving averages show the ROSE2 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $22.21 is above the price of $19.98.
Rosetta Resources Bollinger Bands
Bollinger bands comprise of a center line usually ROSE2 SMA, and two ROSE2 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 $19.98 is in the lower range of Rosetta Resources bollinger bands.
Rosetta Resources 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 Rosetta Resources MACD line is below the signal line.
Rosetta Resources Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 20.43 is the RSI value of ROSE2 stock.