Virtusa Technical Analysis (NASDAQ:VRTU)
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 VRTU stock chart pattern can give those who understand technical analysis an indication of which way VRTU stock is headed, but cannot predict with 100% certainty as to what can happen to the Virtusa stock price.
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 Virtusa. The technical analysis form of Virtusa stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Virtusa Moving Average
Moving averages help predict the price direction of VRTU stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $49.51 is below the last closing price of $49.92 and the 50 day moving average of $47.73 is below the last closing price of $49.92. The 10 and 20 day periods can predict short term moving average trends.
Virtusa Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Virtusa. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Virtusa bollinger bands show that the stock price is $49.92, upper band is 51.46, lower band is 47.55, and the average is 49.51.
Virtusa Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Virtusa MACD line is below the signal line.
Virtusa 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 VRTU stock is 64.82.