June 3, 2017
Moses Stock Analysis
Support.com Inc SPRT Stock Charting
Picture worth a thousand words, see chart. Compare to the last posting, Tesla stock chart. At least this is a bullish trend.
Bollinger Bands:
support.com, Inc., stock code: SPRT has closed below upper Bollinger band.
Bollinger Bands are wider than normal.
For Bollinger Bands the larger the width of the bands suggest the higher the volatility. Therefore, the probability of volatility decreasing and prices entering a trading range has increased for the near-term.
The bands have been in this wide range for 3 bars.
Price Action and 20, 50 and 100 Period Moving Averages:
SPRT stock code of support.com, Inc. has closed above its 20 period moving average.
Short Term, 20 period moving average is currently above mid-term 50 MA, and 50 MA is above long term 100 moving average.
20 and 100 MA are slopping up, except the mid term 50 MA.
When price action is above 20, 50 and 100 MA. The trend is quite bullish.
Manage your risk.
June 1, 2018 Support.com Inc and 20 50 and 100 Moving Averages and BB
From Darva box, we see the stock price first sideways, then up flow then sideways again. The boxes is a good reference for trend. Have fun!
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.