VisionChina Media Technical Analysis (NASDAQ:VISN)
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 VisionChina Media stock price data and volume are plotted in VISN stock charts and these trading charts form the basis of technical analysis.
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 VisionChina Media. 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 VisionChina Media stock analysis.
VisionChina Media Moving Average
Moving averages help predict the price direction of VISN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $3.28 is above the price of $2.24.
VisionChina Media Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like VisionChina Media. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.24 is in the lower range of VisionChina Media bollinger bands.
VisionChina Media 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 VisionChina Media MACD line is above the signal line.
VisionChina Media 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 . 10.91 is the RSI value of VISN stock.