Tuesday Morning Technical Analysis (NASDAQ:TUES)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Tuesday Morning stock price movements is formed, the TUES stock chart can become a key tool for a technical analyst.
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 Tuesday Morning. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Tuesday Morning stock analysis using these technical indicators helps identify trading opportunities.
Tuesday Morning Moving Average:
Moving averages show the TUES stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $2.43 is above the last closing price of $1.9 and the 50 day moving average of $3.07 is above the $1.9 price. The 10 and 20 day periods can predict short term moving average trends.
Tuesday Morning Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Tuesday Morning. 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 Tuesday Morning bollinger bands.
Tuesday Morning 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 Tuesday Morning MACD indicator is below 0 indicating a bearish trend.
Tuesday Morning 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. The relative strength index of TUES stock is 10.94. .