Ixia Technical Analysis (NASDAQ:XXIA)
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 Ixia stock price data and volume are plotted in XXIA stock charts and these trading charts form the basis of technical analysis.
See Ixia bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Ixia stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ixia Moving Average
Moving averages help predict the price direction of XXIA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $19.62 is below the last closing price of $19.65 and the 50 day moving average of $19.57 is below the last closing price of $19.65. The 10 and 20 day periods can predict short term moving average trends.
Ixia Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Ixia. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Ixia bollinger bands show that the stock price is $19.65, upper band is 19.68, lower band is 19.56, and the average is 19.62.
Ixia 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 Ixia MACD line is above the signal line.
Ixia Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 63.64 is the RSI value of XXIA stock.