Trupanion Technical Analysis (NASDAQ:TRUP)
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. Just by looking at the Trupanion 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 TRUP 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 Trupanion. The technical analysis form of Trupanion stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Trupanion Moving Average
Moving averages show the TRUP 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 20 day moving average of $35.89 is below the last closing price of $39.8 and the 50 day moving average of $30.99 is below the last closing price of $39.8. The 10 and 20 day periods can predict short term moving average trends.
Trupanion 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 TRUP stock. The stock price is trading between the average and the upper band in the context of Trupanion bollinger bands.
Trupanion 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 Trupanion MACD indicator is below 0 indicating a bearish trend.
Trupanion 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. 86.6 is the RSI value of TRUP stock.