Cullen/Frost Bankers Technical Analysis (NYSE:CFR)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Cullen/Frost Bankers stock price data and volume are plotted in CFR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Cullen/Frost Bankers. The technical analysis form of Cullen/Frost Bankers stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Cullen/Frost Bankers Moving Average:
Moving averages help predict the price direction of CFR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A rise in trend over the long term indicates a long term uptrend. Similarly a falling CFR moving average implies that Cullen/Frost Bankers stock price is falling.
Cullen/Frost Bankers Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Cullen/Frost Bankers stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Cullen/Frost Bankers bollinger bands.
Cullen/Frost Bankers Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Cullen/Frost Bankers MACD indicator is above 0 indicating a bullish trend.
Cullen/Frost Bankers Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of CFR stock is 22.22. .