Surgical Care Affiliates Technical Analysis (NASDAQ:SCAI)
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. When a chart pattern that can predict future Surgical Care Affiliates stock price movements is formed, the SCAI stock chart can become a key tool for a technical analyst.
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 Surgical Care Affiliates. The technical analysis form of Surgical Care Affiliates stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Surgical Care Affiliates Moving Average:
Moving averages show the SCAI stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $56.59 is above the price of $55.87.
Surgical Care Affiliates Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Surgical Care Affiliates. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $55.87 is in the lower range of Surgical Care Affiliates bollinger bands.
Surgical Care Affiliates 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 Surgical Care Affiliates MACD line is above the signal line.
Surgical Care Affiliates Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SCAI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .