Sevcon Technical Analysis (NASDAQ:SEV)
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. Just by looking at the Sevcon stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the SEV stock chart which creates a trading signal.
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 Sevcon. Technical analysis uses an approach for Sevcon stock analysis that does not care for the fair value of a company but uses price and volume data only.
Sevcon Moving Average
Moving averages show the average price of SEV stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $22 is above the price of $21.97.
Sevcon Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the SEV stock. Sevcon bollinger bands show that the stock price is $21.97, upper band is 22.03, lower band is 21.97, and the average is 22.
Sevcon 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 Sevcon MACD indicator is below 0 indicating a bearish trend.
Sevcon 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 SEV stock is 42.11.