Sutron Technical Analysis (NASDAQ:STRN)
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 Sutron stock price data and volume are plotted in STRN stock charts and these trading charts form the basis of technical analysis.
See Sutron 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 Sutron stock analysis.
Sutron Moving Average
Moving averages help predict the price direction of STRN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Sutron are mostly signals of long term trends and will help long term traders.
Sutron Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Sutron. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Sutron bollinger bands show that the stock price is $8.48, upper band is 8.5, lower band is 8.43, and the average is 8.47.
Sutron Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Sutron MACD line is below the signal line.
Sutron Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 72.73 is the RSI value of STRN stock.