Voyager Therapeutics Technical Analysis (NASDAQ:VYGR)
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. The VYGR stock chart pattern can give those who understand technical analysis an indication of which way VYGR stock is headed, but cannot predict with 100% certainty as to what can happen to the Voyager Therapeutics stock price.
See Voyager Therapeutics 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 Voyager Therapeutics stock analysis.
Voyager Therapeutics Moving Average
Moving averages show the VYGR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $25.98 is above the last closing price of $20.5 and the 50 day moving average of $22.39 is above the last closing price of $20.5. The 10 and 20 day periods can predict short term moving average trends.
Voyager Therapeutics 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 VYGR stock. Currently the stock price of $20.5 is in the lower range of Voyager Therapeutics bollinger bands.
Voyager Therapeutics 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 Voyager Therapeutics MACD indicator can be used to identify bullish and bearish trends for the stock.
Voyager Therapeutics 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 VYGR stock is 10.95.