Tubemogul Technical Analysis (NASDAQ:TUBE)
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 Tubemogul 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 TUBE stock chart which creates a trading signal.
See Tubemogul bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Tubemogul stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Tubemogul Moving Average
Moving averages show the TUBE 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 $14.08 is above the price of $14.
Tubemogul Bollinger Bands
Bollinger bands comprise of a center line usually TUBE SMA, and two TUBE 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. The stock price is trading between the average and the lower band in the context of Tubemogul bollinger bands.
Tubemogul 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 Tubemogul MACD indicator is above 0 indicating a bullish trend.
Tubemogul Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of TUBE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.