Gentherm Technical Analysis (NASDAQ:THRM)
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. The Gentherm stock price data and volume are plotted in THRM stock charts and these trading charts form the basis of technical analysis.
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 Gentherm. Technical analysis uses an approach for Gentherm stock analysis that does not care for the fair value of a company but uses price and volume data only.
Gentherm Moving Average
Moving averages help predict the price direction of THRM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $36.64 is below the last closing price of $38.9 and the 50 day moving average of $35.63 is below the last closing price of $38.9. The 10 and 20 day periods can predict short term moving average trends.
Gentherm Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Gentherm. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Gentherm bollinger bands show that the stock price is $38.9, upper band is 39.1, lower band is 34.18, and the average is 36.64.
Gentherm Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Gentherm MACD indicator is below 0 indicating a bearish trend.
Gentherm 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 . If the RSI of THRM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.