180 DEGREE CAP Technical Analysis (NASDAQ:TURN)
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 180 DEGREE CAP stock price data and volume are plotted in TURN stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for 180 DEGREE CAP. 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 180 DEGREE CAP stock analysis.
180 DEGREE CAP Moving Average
Moving averages help predict the price direction of TURN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $2.24 is above the last closing price of $2.21 and the 50 day moving average of $2.23 is above the last closing price of $2.21. The 10 and 20 day periods can predict short term moving average trends.
180 DEGREE CAP Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the TURN stock. 180 DEGREE CAP bollinger bands show that the stock price is $2.21, upper band is 2.37, lower band is 2.11, and the average is 2.24.
180 DEGREE CAP 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 180 DEGREE CAP MACD indicator can be used to identify bullish and bearish trends for the stock.
180 DEGREE CAP Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of TURN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.