Synutra International Technical Analysis (NASDAQ:SYUT)
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. Just by looking at the Synutra International 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 SYUT stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Synutra International. 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 Synutra International stock analysis.
Synutra International Moving Average
Moving averages help predict the price direction of SYUT 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 Synutra International are mostly signals of long term trends and will help long term traders.
Synutra International Bollinger Bands
Bollinger bands comprise of a center line usually SYUT SMA, and two SYUT 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 upper band in the context of Synutra International bollinger bands.
Synutra International 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 Synutra International MACD line is above the signal line.
Synutra International 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 . 66.67 is the RSI value of SYUT stock.