InContact Technical Analysis (NASDAQ:SAAS)
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 InContact stock price data and volume are plotted in SAAS 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 InContact. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of InContact stock analysis.
InContact Moving Average
Moving averages help predict the price direction of SAAS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $13.92 is below the last closing price of $13.99 and the 50 day moving average of $13.93 is below the last closing price of $13.99. The 10 and 20 day periods can predict short term moving average trends.
InContact Bollinger Bands
Bollinger bands comprise of a center line usually SAAS SMA, and two SAAS 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 $13.99 is in the upper range of InContact bollinger bands.
InContact 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 InContact MACD indicator can be used to identify bullish and bearish trends for the stock.
InContact 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. 73.33 is the RSI value of SAAS stock.