SEVEN STARS CLD Technical Analysis (NASDAQ:SSC)
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 SEVEN STARS CLD 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 SSC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for SEVEN STARS CLD. Technical analysis uses an approach for SEVEN STARS CLD stock analysis that does not care for the fair value of a company but uses price and volume data only.
SEVEN STARS CLD Moving Average
Moving averages show the average price of SSC 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 $2.32 is above the last closing price of $2.01 and the 50 day moving average of $2.15 is above the last closing price of $2.01. The 10 and 20 day periods can predict short term moving average trends.
SEVEN STARS CLD Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like SEVEN STARS CLD. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.01 is in the lower range of SEVEN STARS CLD bollinger bands.
SEVEN STARS CLD 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 SEVEN STARS CLD MACD indicator can be used to identify bullish and bearish trends for the stock.
SEVEN STARS CLD 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. If the RSI of SSC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.