Vipshop Technical Analysis (NYSE:VIPS)
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 Vipshop stock price data and volume are plotted in VIPS stock charts and these trading charts form the basis of technical analysis.
See Vipshop bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Vipshop stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Vipshop Moving Average
Moving averages help predict the price direction of VIPS 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 $9.07 is above the last closing price of $7.15 and the 50 day moving average of $10.15 is above the last closing price of $7.15. The 10 and 20 day periods can predict short term moving average trends.
Vipshop Bollinger Bands
Bollinger bands comprise of a center line usually VIPS SMA, and two VIPS 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. The stock price is trading between the average and the lower band in the context of Vipshop bollinger bands.
Vipshop 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 Vipshop MACD indicator is above 0 indicating a bullish trend.
Vipshop 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 . If the RSI of VIPS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.