Yodlee Technical Analysis (NASDAQ:YDLE)
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 Yodlee stock price data and volume are plotted in YDLE stock charts and these trading charts form the basis of technical analysis.
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 Yodlee. 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 Yodlee stock analysis.
Yodlee Moving Average
Moving averages show the average price of YDLE 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 Yodlee are mostly signals of long term trends and will help long term traders.
Yodlee Bollinger Bands
Bollinger bands comprise of a center line usually YDLE SMA, and two YDLE 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. The stock price is trading between the average and the upper band in the context of Yodlee bollinger bands.
Yodlee 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 Yodlee MACD indicator can be used to identify bullish and bearish trends for the stock.
Yodlee 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 . The relative strength index of YDLE stock is 63.47.