CoBiz Financial Technical Analysis (NASDAQ:COBZ)
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. Just by looking at the CoBiz Financial stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the COBZ stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for CoBiz Financial. Technical analysis uses an approach for CoBiz Financial stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
CoBiz Financial Moving Average:
Moving averages show the COBZ stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for COBZ trend identification. A rising moving average shows that stock prices are generally increasing.
CoBiz Financial Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of CoBiz Financial stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of CoBiz Financial bollinger bands.
CoBiz Financial 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 CoBiz Financial MACD indicator is below 0 indicating a bearish trend.
CoBiz Financial Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of COBZ stock is 35.54. .