Willamette Valley Vineyards Technical Analysis (NASDAQ:WVVI)
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. The WVVI stock chart pattern can give those who understand technical analysis an indication of which way WVVI stock is headed, but cannot predict with 100% certainty as to what can happen to the Willamette Valley Vineyards stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Willamette Valley Vineyards. Technical analysis uses an approach for Willamette Valley Vineyards stock analysis that does not care for the fair value of a company but uses price and volume data only.
Willamette Valley Vineyards Moving Average
Moving averages show the WVVI 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.97 is below the price of $8.05.
Willamette Valley Vineyards Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Willamette Valley Vineyards. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Willamette Valley Vineyards bollinger bands show that the stock price is $8.05, upper band is 8.09, lower band is 7.85, and the average is 7.97.
Willamette Valley Vineyards 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 Willamette Valley Vineyards MACD indicator can be used to identify bullish and bearish trends for the stock.
Willamette Valley Vineyards Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of WVVI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.