Willdan Technical Analysis (NASDAQ:WLDN)
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. The WLDN stock chart pattern can give those who understand technical analysis an indication of which way WLDN stock is headed, but cannot predict with 100% certainty as to what can happen to the Willdan stock price.
See Willdan 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 Willdan stock analysis.
Willdan Moving Average
Moving averages show the WLDN 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 Willdan are mostly signals of long term trends and will help long term traders.
Willdan Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Willdan. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $21.2 is in the lower range of Willdan bollinger bands.
Willdan 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 Willdan MACD line is below the signal line.
Willdan 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 WLDN stock is 41.11.