Sparton Technical Analysis (NYSE:SPA)
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 SPA stock chart pattern can give those who understand technical analysis an indication of which way SPA stock is headed, but cannot predict with 100% certainty as to what can happen to the Sparton 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 Sparton. Technical analysis uses an approach for Sparton stock analysis that does not care for the fair value of a company but uses price and volume data only.
Sparton Moving Average
Moving averages show the average price of SPA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $13.87 is above the last closing price of $12.23 and the 50 day moving average of $16.52 is above the last closing price of $12.23. The 10 and 20 day periods can predict short term moving average trends.
Sparton Bollinger Bands
Bollinger bands comprise of a center line usually SPA SMA, and two SPA 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. The stock price is trading between the average and the lower band in the context of Sparton bollinger bands.
Sparton 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 Sparton MACD indicator can be used to identify bullish and bearish trends for the stock.
Sparton Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SPA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.