Vermillion Technical Analysis (NASDAQ:VRML)
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. Just by looking at the Vermillion 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 VRML stock chart which creates a trading signal.
See Vermillion bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Vermillion stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Vermillion Moving Average:
VRML stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Vermillion chart patterns after the calculations remain the same. The 100 day moving average of 1.63 is below the last closing price of 1.88. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Vermillion are mostly signals of long term trends and will help long term traders.
Vermillion Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the VRML stock. The stock price is trading between the average and the upper band in the context of Vermillion bollinger bands.
Vermillion 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 Vermillion MACD indicator can be used to identify bullish and bearish trends for the stock.
Vermillion Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of VRML stock is 42.17. .