Synthesis Energy Systems Technical Analysis (NASDAQ:SES)
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 SES stock chart pattern can give those who understand technical analysis an indication of which way SES stock is headed, but cannot predict with 100% certainty as to what can happen to the Synthesis Energy Systems stock price.
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 Synthesis Energy Systems. Technical analysis uses an approach for Synthesis Energy Systems stock analysis that does not care for the fair value of a company but uses price and volume data only.
Synthesis Energy Systems Moving Average
Moving averages help predict the price direction of SES stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $2.38 is below the price of $2.45.
Synthesis Energy Systems Bollinger Bands
Bollinger bands comprise of a center line usually SES SMA, and two SES 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. Synthesis Energy Systems bollinger bands show that the stock price is $2.45, upper band is 2.71, lower band is 2.04, and the average is 2.38.
Synthesis Energy Systems 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 Synthesis Energy Systems MACD indicator is above 0 indicating a bullish trend.
Synthesis Energy Systems 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. The relative strength index of SES stock is 55.87.