Vishay Precision Technical Analysis (NYSE:VPG)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Vishay Precision stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the VPG stock chart which creates a trading signal.
See Vishay Precision bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Vishay Precision stock analysis.
Vishay Precision Moving Average
Moving averages show the average price of VPG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $41.09 is below the last closing price of $42 and the 50 day moving average of $39.66 is below the last closing price of $42. The 10 and 20 day periods can predict short term moving average trends.
Vishay Precision Bollinger Bands
Bollinger bands comprise of a center line usually VPG SMA, and two VPG 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. Vishay Precision bollinger bands show that the stock price is $42, upper band is 44.42, lower band is 37.76, and the average is 41.09.
Vishay Precision 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 Vishay Precision MACD indicator can be used to identify bullish and bearish trends for the stock.
Vishay Precision Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 60.98 is the RSI value of VPG stock.