CPB Technical Analysis (NYSE:CPF)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The CPB stock price data and volume are plotted in CPF stock charts and these trading charts form the basis of technical analysis.
See CPB bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking CPB stock analysis using these technical indicators helps identify trading opportunities.
CPB Moving Average:
CPF 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 CPB chart patterns after the calculations remain the same. The 100 day moving average of 11.48 is below the last closing price of 31.66. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.68 is below the price of $31.66.
CPB Bollinger Bands:
Bollinger bands comprise of a center line usually CPF SMA, and two CPF stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. CPB bollinger bands show that the stock price is $31.66, upper band is 30.82, lower band is 20.37, and the average is 25.6.
CPB 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 CPB MACD indicator is below 0 indicating a bearish trend.
CPB 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 CPF stock is 62.89. .