Citizens Holding Technical Analysis (NASDAQ:CIZN)
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. When a chart pattern that can predict future Citizens Holding stock price movements is formed, the CIZN stock chart can become a key tool for a technical analyst.
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 Citizens Holding. 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 Citizens Holding stock analysis.
Citizens Holding Moving Average:
CIZN stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Citizens Holding chart patterns after the calculations remain the same. The 100 day moving average of 17.33 is below the last closing price of 24.25. Moving averages can be used for CIZN trend identification. A rising moving average shows that stock prices are generally increasing.
Citizens Holding Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Citizens Holding. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $24.25 is in the upper range of Citizens Holding bollinger bands.
Citizens Holding Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Citizens Holding MACD line is below the signal line.
Citizens Holding 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. If the RSI of CIZN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .