Ritter Pharma Technical Analysis (NASDAQ:RTTR)
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 Ritter Pharma stock price data and volume are plotted in RTTR 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 Ritter Pharma. Technical analysis uses an approach for Ritter Pharma stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ritter Pharma Moving Average
Moving averages show the RTTR 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 20 day moving average of $1.88 is above the last closing price of $1.8 and the 50 day moving average of $2.05 is above the last closing price of $1.8. The 10 and 20 day periods can predict short term moving average trends.
Ritter Pharma 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 RTTR stock. The stock price is trading between the average and the lower band in the context of Ritter Pharma bollinger bands.
Ritter Pharma 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 Ritter Pharma MACD indicator is below 0 indicating a bearish trend.
Ritter Pharma 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 RTTR stock is 30.77.