RR Media Technical Analysis (NASDAQ:RRM)
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. Just by looking at the RR Media stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the RRM stock chart which creates a trading signal.
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 RR Media. The technical analysis form of RR Media stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
RR Media Moving Average
Moving averages show the RRM 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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for RR Media are mostly signals of long term trends and will help long term traders.
RR Media 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 RRM stock. Currently the stock price of $13.05 is in the lower range of RR Media bollinger bands.
RR Media 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 RR Media MACD line is above the signal line.
RR Media 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 . If the RSI of RRM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.