Willdan Technical Analysis (NASDAQ:WLDN)
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 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.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Willdan. Technical analysis uses an approach for Willdan stock analysis that does not care for the fair value of a company but uses price and volume data only.
Willdan Moving Average
Moving averages show the average price of WLDN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 $31.41 is in the lower range of Willdan bollinger bands.
Willdan 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 Willdan MACD indicator is below 0 indicating a bearish trend.
Willdan 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 . If the RSI of WLDN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.