RetailMeNot Technical Analysis (NASDAQ:SALE)
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. The RetailMeNot stock price data and volume are plotted in SALE 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 RetailMeNot. Technical analysis uses an approach for RetailMeNot stock analysis that does not care for the fair value of a company but uses price and volume data only.
RetailMeNot Moving Average
Moving averages show the SALE 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 $11.58 is below the last closing price of $11.58 and the 50 day moving average of $10.08 is below the last closing price of $11.58. The 10 and 20 day periods can predict short term moving average trends.
RetailMeNot Bollinger Bands
Bollinger bands comprise of a center line usually SALE SMA, and two SALE 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 $11.58 is in the lower range of RetailMeNot bollinger bands.
RetailMeNot 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 RetailMeNot MACD indicator is above 0 indicating a bullish trend.
RetailMeNot 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 SALE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.