Sutron Technical Analysis (NASDAQ:STRN)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. A STRN stock chart pattern can give those who understand technical analysis an indication of which way STRN stock is headed, but cannot predict with 100% certainty as to what can happen to the Sutron stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Sutron. 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 show the average price of STRN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for STRN trend identification. A rising moving average shows that stock prices are generally increasing.
Sutron Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Sutron stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of Sutron bollinger bands.
Sutron 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 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. .