Tilly's Technical Analysis (NYSE:TLYS)
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 Tilly's stock price data and volume are plotted in TLYS stock charts and these trading charts form the basis of technical analysis.
See Tilly's 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 Tilly's stock analysis.
Tilly's Moving Average
Moving averages show the TLYS 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 $11.64 is above the price of $11.52.
Tilly's 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 TLYS stock. Tilly's bollinger bands show that the stock price is $11.52, upper band is 12.33, lower band is 10.94, and the average is 11.64.
Tilly's 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 Tilly's MACD indicator can be used to identify bullish and bearish trends for the stock.
Tilly's 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. The relative strength index of TLYS stock is 54.26.