China Commercial Credit Technical Analysis (NASDAQ:CCCR)
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. When a chart pattern that can predict future China Commercial Credit stock price movements is formed, the CCCR stock chart can become a key tool for a technical analyst.
See China Commercial Credit bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for China Commercial Credit stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
China Commercial Credit Moving Average:
Moving averages help predict the price direction of CCCR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer CCCR stock price movement for the moving average to change course.
China Commercial Credit Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like China Commercial Credit. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of China Commercial Credit bollinger bands.
China Commercial Credit 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 Commercial Credit MACD indicator can be used to identify bullish and bearish trends for the stock.
China Commercial Credit Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of CCCR stock is 72.44. .