A Schulman Technical Analysis (NASDAQ:SHLM)
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 SHLM stock chart pattern can give those who understand technical analysis an indication of which way SHLM stock is headed, but cannot predict with 100% certainty as to what can happen to the A Schulman 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 A Schulman. Technical analysis uses an approach for A Schulman stock analysis that does not care for the fair value of a company but uses price and volume data only.
A Schulman Moving Average
Moving averages show the average price of SHLM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for A Schulman are mostly signals of long term trends and will help long term traders.
A Schulman 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 SHLM stock. A Schulman bollinger bands show that the stock price is $43.6, upper band is 44.1, lower band is 43.28, and the average is 43.69.
A Schulman 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 A Schulman MACD indicator is above 0 indicating a bullish trend.
A Schulman 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 SHLM stock is 57.58.