WSI Industries Technical Analysis (NASDAQ:WSCI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the WSI Industries 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 WSCI 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 WSI Industries. 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 WSI Industries stock analysis.
WSI Industries Moving Average
Moving averages show the WSCI 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 WSI Industries are mostly signals of long term trends and will help long term traders.
WSI Industries Bollinger Bands
Bollinger bands comprise of a center line usually WSCI SMA, and two WSCI stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. WSI Industries bollinger bands show that the stock price is $4.75, upper band is 5.44, lower band is 4.45, and the average is 4.95.
WSI Industries 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 WSI Industries MACD indicator is above 0 indicating a bullish trend.
WSI Industries Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 44.83 is the RSI value of WSCI stock.