Tower Semiconductor Technical Analysis (NASDAQ:TSEM)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A TSEM stock chart pattern can give those who understand technical analysis an indication of which way TSEM stock is headed, but cannot predict with 100% certainty as to what can happen to the Tower Semiconductor stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Tower Semiconductor. The technical analysis form of Tower Semiconductor stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Tower Semiconductor Moving Average:
Moving averages show the TSEM stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.82 is above the price of $25.06.
Tower Semiconductor Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Tower Semiconductor stock price relative to previous trades. Currently the stock price of $25.06 is in the lower range of Tower Semiconductor bollinger bands.
Tower Semiconductor 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 Tower Semiconductor MACD line is above the signal line.
Tower Semiconductor Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 39.56 is the RSI value of TSEM stock. .