Telecom Italia-A Technical Analysis (NYSE:TI.A)
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 TI.A stock chart pattern can give those who understand technical analysis an indication of which way TI.A stock is headed, but cannot predict with 100% certainty as to what can happen to the Telecom Italia-A stock price.
See Telecom Italia-A bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Telecom Italia-A stock analysis.
Telecom Italia-A Moving Average
Moving averages help predict the price direction of TI.A 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 $5.8 is below the last closing price of $5.99 and the 50 day moving average of $6.13 is above the last closing price of $5.99. The 10 and 20 day periods can predict short term moving average trends.
Telecom Italia-A Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Telecom Italia-A. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Telecom Italia-A bollinger bands show that the stock price is $5.99, upper band is 6.43, lower band is 5.15, and the average is 5.79.
Telecom Italia-A 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 Telecom Italia-A MACD indicator is above 0 indicating a bullish trend.
Telecom Italia-A 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 . 47.37 is the RSI value of TI.A stock.