AQUAVENTURE HLD Technical Analysis (NYSE:WAAS)
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 AQUAVENTURE HLD 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 WAAS 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 AQUAVENTURE HLD. 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 AQUAVENTURE HLD stock analysis.
AQUAVENTURE HLD Moving Average
Moving averages help predict the price direction of WAAS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AQUAVENTURE HLD are mostly signals of long term trends and will help long term traders.
AQUAVENTURE HLD Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like AQUAVENTURE HLD. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of AQUAVENTURE HLD bollinger bands.
AQUAVENTURE HLD Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The AQUAVENTURE HLD MACD line is below the signal line.
AQUAVENTURE HLD Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 82.82 is the RSI value of WAAS stock.