Technical Communications Technical Analysis (NASDAQ:TCCO)
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 TCCO stock chart pattern can give those who understand technical analysis an indication of which way TCCO stock is headed, but cannot predict with 100% certainty as to what can happen to the Technical Communications 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 Technical Communications. Technical analysis uses an approach for Technical Communications stock analysis that does not care for the fair value of a company but uses price and volume data only.
Technical Communications Moving Average
Moving averages help predict the price direction of TCCO stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $4.51 is above the price of $4.05.
Technical Communications Bollinger Bands
Bollinger bands comprise of a center line usually TCCO SMA, and two TCCO 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. Currently the stock price of $4.05 is in the lower range of Technical Communications bollinger bands.
Technical Communications 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 Technical Communications MACD indicator can be used to identify bullish and bearish trends for the stock.
Technical Communications 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 TCCO stock is 40.