CHINA RAPID FIN Technical Analysis (NYSE:XRF)
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 XRF stock chart pattern can give those who understand technical analysis an indication of which way XRF stock is headed, but cannot predict with 100% certainty as to what can happen to the CHINA RAPID FIN stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CHINA RAPID FIN. The technical analysis form of CHINA RAPID FIN stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CHINA RAPID FIN Moving Average
Moving averages show the average price of XRF 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 CHINA RAPID FIN are mostly signals of long term trends and will help long term traders.
CHINA RAPID FIN Bollinger Bands
Bollinger bands comprise of a center line usually XRF SMA, and two XRF 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. Currently the stock price of $2.89 is in the upper range of CHINA RAPID FIN bollinger bands.
CHINA RAPID FIN 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 CHINA RAPID FIN MACD indicator can be used to identify bullish and bearish trends for the stock.
CHINA RAPID FIN Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of XRF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.