Silicon Image Technical Analysis (NASDAQ:SIMG)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Silicon Image 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 SIMG 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 Silicon Image. Technical analysis uses an approach for Silicon Image stock analysis that does not care for the fair value of a company but uses price and volume data only.
Silicon Image Moving Average
Moving averages show the SIMG 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Silicon Image are mostly signals of long term trends and will help long term traders.
Silicon Image 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 SIMG stock. Silicon Image bollinger bands show that the stock price is $7.28, upper band is 7.3, lower band is 7.24, and the average is 7.27.
Silicon Image Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Silicon Image MACD indicator is above 0 indicating a bullish trend.
Silicon Image Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SIMG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.