2U Technical Analysis (NASDAQ:TWOU)
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 2U 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 TWOU stock chart which creates a trading signal.
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 2U. The technical analysis form of 2U stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
2U Moving Average
Moving averages show the TWOU 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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for 2U are mostly signals of long term trends and will help long term traders.
2U Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like 2U. 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 2U bollinger bands.
2U 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 2U MACD indicator can be used to identify bullish and bearish trends for the stock.
2U 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 . 57.35 is the RSI value of TWOU stock.