China Digital TV Technical Analysis (OTCMKTS:STVVY)
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. Just by looking at the China Digital TV 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 STVVY stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for China Digital TV. 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 China Digital TV stock analysis.
China Digital TV Moving Average
Moving averages show the STVVY 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 China Digital TV are mostly signals of long term trends and will help long term traders.
China Digital TV Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the STVVY stock. The stock price is trading between the average and the lower band in the context of China Digital TV bollinger bands.
China Digital TV 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 China Digital TV MACD indicator can be used to identify bullish and bearish trends for the stock.
China Digital TV 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 STVVY stock is 30.33.