Top Image Systems Technical Analysis (NASDAQ:TISA)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Top Image Systems 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 TISA stock chart which creates a trading signal.
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 Top Image Systems. The technical analysis form of Top Image Systems stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Top Image Systems Moving Average
Moving averages show the TISA 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 Top Image Systems are mostly signals of long term trends and will help long term traders.
Top Image Systems 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 TISA stock. Currently the stock price of $1.03 is in the lower range of Top Image Systems bollinger bands.
Top Image Systems 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 Top Image Systems MACD indicator can be used to identify bullish and bearish trends for the stock.
Top Image Systems Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 28.16 is the RSI value of TISA stock.