Versartis Technical Analysis (NASDAQ:VSAR)
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. Just by looking at the Versartis 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 VSAR stock chart which creates a trading signal.
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 Versartis. Technical analysis uses an approach for Versartis stock analysis that does not care for the fair value of a company but uses price and volume data only.
Versartis Moving Average
Moving averages help predict the price direction of VSAR 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 $1.94 is below the price of $2.15.
Versartis Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Versartis. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Versartis bollinger bands show that the stock price is $2.15, upper band is 2.68, lower band is 1.19, and the average is 1.94.
Versartis 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 Versartis MACD indicator can be used to identify bullish and bearish trends for the stock.
Versartis 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 . The relative strength index of VSAR stock is 68.75.