Virtual Financial Technical Analysis (NASDAQ:VIRT)
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. The Virtual Financial stock price data and volume are plotted in VIRT stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Virtual Financial. 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 Virtual Financial stock analysis.
Virtual Financial Moving Average
Moving averages show the average price of VIRT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Virtual Financial are mostly signals of long term trends and will help long term traders.
Virtual Financial Bollinger Bands
Bollinger bands comprise of a center line usually VIRT SMA, and two VIRT 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. Currently the stock price of $30.35 is in the upper range of Virtual Financial bollinger bands.
Virtual Financial 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 Virtual Financial MACD line is above the signal line.
Virtual Financial 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 VIRT stock is 85.4.