Skullcandy Technical Analysis (NASDAQ:SKUL)
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. The SKUL stock chart pattern can give those who understand technical analysis an indication of which way SKUL stock is headed, but cannot predict with 100% certainty as to what can happen to the Skullcandy 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 Skullcandy. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Skullcandy stock analysis.
Skullcandy Moving Average
Moving averages show the SKUL 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.33 is below the price of $6.35.
Skullcandy Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Skullcandy. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Skullcandy bollinger bands.
Skullcandy 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 Skullcandy MACD line is below the signal line.
Skullcandy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of SKUL stock is 66.67.