Viavi Technical Analysis (NASDAQ:VIAV)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The VIAV stock chart pattern can give those who understand technical analysis an indication of which way VIAV stock is headed, but cannot predict with 100% certainty as to what can happen to the Viavi stock price.
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 Viavi. Technical analysis uses an approach for Viavi stock analysis that does not care for the fair value of a company but uses price and volume data only.
Viavi Moving Average
Moving averages help predict the price direction of VIAV 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 Viavi are mostly signals of long term trends and will help long term traders.
Viavi Bollinger Bands
Bollinger bands comprise of a center line usually VIAV SMA, and two VIAV 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. Viavi bollinger bands show that the stock price is $10.32, upper band is 10.66, lower band is 9.84, and the average is 10.25.
Viavi 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 Viavi MACD indicator is below 0 indicating a bearish trend.
Viavi 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 VIAV stock is 52.94.