TPI COMPOSITES Technical Analysis (NASDAQ:TPIC)
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 TPI COMPOSITES stock price data and volume are plotted in TPIC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for TPI COMPOSITES. Technical analysis uses an approach for TPI COMPOSITES stock analysis that does not care for the fair value of a company but uses price and volume data only.
TPI COMPOSITES Moving Average
Moving averages show the average price of TPIC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for TPI COMPOSITES are mostly signals of long term trends and will help long term traders.
TPI COMPOSITES Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like TPI COMPOSITES. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $26.08 is in the lower range of TPI COMPOSITES bollinger bands.
TPI COMPOSITES 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 TPI COMPOSITES MACD line is above the signal line.
TPI COMPOSITES 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 TPIC stock is 46.75.