Rush Enterprises Inc Technical Analysis (NASDAQ:RUSHB)
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 Rush Enterprises Inc stock price data and volume are plotted in RUSHB 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 Rush Enterprises Inc. The technical analysis form of Rush Enterprises Inc stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rush Enterprises Inc Moving Average
Moving averages show the RUSHB 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 $44.34 is above the last closing price of $42.5 and the 50 day moving average of $44.26 is above the last closing price of $42.5. The 10 and 20 day periods can predict short term moving average trends.
Rush Enterprises Inc Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Rush Enterprises Inc. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Rush Enterprises Inc bollinger bands.
Rush Enterprises Inc 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 Rush Enterprises Inc MACD indicator is above 0 indicating a bullish trend.
Rush Enterprises Inc 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. If the RSI of RUSHB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.