May 20, 2016

SPLK: Splunk technical analysis charts

On Thursday, compared to Wednesday, price action opened higher (50.30, vs

Wednesday's close of 50.21), saw a higher high (51.83, vs Wednesday's high of

50.54) and higher low (49.71, vs Wednesday's low of 48.50); and closed higher

(50.51, vs Wednesday's close of 50.21). The day's range was 212 ticks.

On the DAILY BOLLINGER BANDS CHART below, Thursday represents the 2nd

consecutive close above the middle of the Bollinger Band envelope (49.74). The

Bollinger Bands (45.45-54.03) are converging; and narrowed from a width of 870

ticks on Wednesday to a width of 858 ticks on Thursday.

The RSI (56.24) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

May 20, 2016

The MACD 12 day moving average is above the MACD 26 day moving average;

both are below zero.

The Slow Stochastics, below, are in positive mode, with the K line above the D

line.

The Commodity Channel Index (32.71), below, is in negative mode below the

overbought 200 level.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose

towards the top of the 20 day moving average envelope (49.74). The parameters

of the envelope (48.25-51.23) are pointing lower.

May 20, 2016

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (48.84, moving up) is below the 20 day moving average (49.74, moving

down); in negative mode. The 3-50 day strip of moving averages ranges from the

10 day moving average (48.18) at the bottom of the range to the 3 day moving

average (49.89) at the top of the range.

The Parabolic Stop and Reverse (45.45) below is in the 3rd day of buy mode.

May 20, 2016

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 1st

consecutive entire week below the top Bollinger Band (58.00). The Bollinger

Bands (34.92-58.00) are converging; contracting from a width of 2,528 ticks on

Wednesday to a width of 2,308 ticks on Thursday.