TeleCommunication Systems Technical Analysis (NASDAQ:TSYS)
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 TSYS stock chart pattern can give those who understand technical analysis an indication of which way TSYS stock is headed, but cannot predict with 100% certainty as to what can happen to the TeleCommunication Systems stock price.
See TeleCommunication Systems 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 TeleCommunication Systems stock analysis.
TeleCommunication Systems Moving Average
Moving averages show the TSYS 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 $4.95 is below the price of $4.99.
TeleCommunication Systems Bollinger Bands
Bollinger bands comprise of a center line usually TSYS SMA, and two TSYS 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. TeleCommunication Systems bollinger bands show that the stock price is $4.99, upper band is 5, lower band is 4.89, and the average is 4.95.
TeleCommunication Systems 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 TeleCommunication Systems MACD indicator can be used to identify bullish and bearish trends for the stock.
TeleCommunication Systems 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 . The relative strength index of TSYS stock is 59.26.