Vimicro International Technical Analysis (NASDAQ:VIMC)
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 VIMC stock chart pattern can give those who understand technical analysis an indication of which way VIMC stock is headed, but cannot predict with 100% certainty as to what can happen to the Vimicro International stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Vimicro International. Technical analysis uses an approach for Vimicro International stock analysis that does not care for the fair value of a company but uses price and volume data only.
Vimicro International Moving Average
Moving averages show the VIMC 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.33 is below the price of $13.43.
Vimicro International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Vimicro International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $13.43 is in the upper range of Vimicro International bollinger bands.
Vimicro International 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 Vimicro International MACD line is below the signal line.
Vimicro International Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of VIMC stock is 77.78.