Streamline Health Solutions Technical Analysis (NASDAQ:STRM)
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 STRM stock chart pattern can give those who understand technical analysis an indication of which way STRM stock is headed, but cannot predict with 100% certainty as to what can happen to the Streamline Health Solutions 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 Streamline Health Solutions. 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 Streamline Health Solutions stock analysis.
Streamline Health Solutions Moving Average
Moving averages show the STRM 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 Streamline Health Solutions are mostly signals of long term trends and will help long term traders.
Streamline Health Solutions Bollinger Bands
Bollinger bands comprise of a center line usually STRM SMA, and two STRM 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 Streamline Health Solutions bollinger bands.
Streamline Health Solutions 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 Streamline Health Solutions MACD line is above the signal line.
Streamline Health Solutions Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.04 is the RSI value of STRM stock.