Take-Two Interactive Software Technical Analysis (NASDAQ:TTWO)
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. The TTWO stock chart pattern can give those who understand technical analysis an indication of which way TTWO stock is headed, but cannot predict with 100% certainty as to what can happen to the Take-Two Interactive Software stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Take-Two Interactive Software. 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 Take-Two Interactive Software stock analysis.
Take-Two Interactive Software Moving Average
Moving averages show the average price of TTWO stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $123.04 is below the price of $128.1.
Take-Two Interactive Software Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Take-Two Interactive Software. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Take-Two Interactive Software bollinger bands.
Take-Two Interactive Software 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 Take-Two Interactive Software MACD indicator is below 0 indicating a bearish trend.
Take-Two Interactive Software 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 TTWO stock is 53.7.