Vera Bradley Technical Analysis (NASDAQ:VRA)
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 Vera Bradley stock price data and volume are plotted in VRA stock charts and these trading charts form the basis of technical analysis.
See Vera Bradley 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 Vera Bradley stock analysis.
Vera Bradley Moving Average
Moving averages show the average price of VRA 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 $10.72 is below the last closing price of $10.84 and the 50 day moving average of $10.39 is below the last closing price of $10.84. The 10 and 20 day periods can predict short term moving average trends.
Vera Bradley Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Vera Bradley. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $10.84 is in the upper range of Vera Bradley bollinger bands.
Vera Bradley 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 Vera Bradley MACD indicator can be used to identify bullish and bearish trends for the stock.
Vera Bradley 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. If the RSI of VRA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.