STMicroelectronics Technical Analysis (NYSE:STM)
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 STM stock chart pattern can give those who understand technical analysis an indication of which way STM stock is headed, but cannot predict with 100% certainty as to what can happen to the STMicroelectronics stock price.
See STMicroelectronics bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 STMicroelectronics stock analysis.
STMicroelectronics Moving Average
Moving averages show the STM 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 STMicroelectronics are mostly signals of long term trends and will help long term traders.
STMicroelectronics Bollinger Bands
Bollinger bands comprise of a center line usually STM SMA, and two STM 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. STMicroelectronics bollinger bands show that the stock price is $18.17, upper band is 21.4, lower band is 17.31, and the average is 19.36.
STMicroelectronics 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 STMicroelectronics MACD line is above the signal line.
STMicroelectronics Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of STM stock is 26.01.