Teligent Technical Analysis (NASDAQ:TLGT)
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 Teligent 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 TLGT stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Teligent. 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 Teligent stock analysis.
Teligent Moving Average
Moving averages show the TLGT 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $3.26 is below the price of $3.88.
Teligent Bollinger Bands
Bollinger bands comprise of a center line usually TLGT SMA, and two TLGT 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 $3.88 is in the upper range of Teligent bollinger bands.
Teligent 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 Teligent MACD indicator can be used to identify bullish and bearish trends for the stock.
Teligent 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 . 86.03 is the RSI value of TLGT stock.