Energous Technical Analysis (NASDAQ:WATT)
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 WATT stock chart pattern can give those who understand technical analysis an indication of which way WATT stock is headed, but cannot predict with 100% certainty as to what can happen to the Energous stock price.
See Energous bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Energous stock analysis that does not care for the fair value of a company but uses price and volume data only.
Energous Moving Average
Moving averages show the WATT 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Energous are mostly signals of long term trends and will help long term traders.
Energous 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 WATT stock. Energous bollinger bands show that the stock price is $20.06, upper band is 23.12, lower band is 19.42, and the average is 21.27.
Energous 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 Energous MACD indicator can be used to identify bullish and bearish trends for the stock.
Energous 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 WATT stock is 32.25.