Viacom Technical Analysis (NASDAQ:VIA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Viacom 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 VIA stock chart which creates a trading signal.
See Viacom bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Viacom stock analysis.
Viacom Moving Average
Moving averages help predict the price direction of VIA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Viacom are mostly signals of long term trends and will help long term traders.
Viacom 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 VIA stock. Viacom bollinger bands show that the stock price is $35.7, upper band is 36.67, lower band is 31.87, and the average is 34.27.
Viacom 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 Viacom MACD indicator is below 0 indicating a bearish trend.
Viacom 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 VIA stock is 60.14.