Rudolph Technologies Technical Analysis (NYSE:RTEC)
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 Rudolph Technologies stock price data and volume are plotted in RTEC stock charts and these trading charts form the basis of technical analysis.
See Rudolph Technologies bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Rudolph Technologies stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rudolph Technologies Moving Average
Moving averages help predict the price direction of RTEC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $27.19 is below the price of $30.35.
Rudolph Technologies Bollinger Bands
Bollinger bands comprise of a center line usually RTEC SMA, and two RTEC 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 $30.35 is in the upper range of Rudolph Technologies bollinger bands.
Rudolph Technologies 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 Rudolph Technologies MACD indicator can be used to identify bullish and bearish trends for the stock.
Rudolph Technologies Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of RTEC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.