Craft Brew Alliance Technical Analysis (NASDAQ:BREW)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Craft Brew Alliance stock price data and volume are plotted in BREW stock charts and these trading charts form the basis of technical analysis.
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 Craft Brew Alliance. 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 Craft Brew Alliance stock analysis.
Craft Brew Alliance Moving Average
Moving averages help predict the price direction of BREW stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Craft Brew Alliance are mostly signals of long term trends and will help long term traders.
Craft Brew Alliance Bollinger Bands
Bollinger bands comprise of a center line usually BREW SMA, and two BREW stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Craft Brew Alliance bollinger bands show that the stock price is $16.95, upper band is 19.81, lower band is 17.2, and the average is 18.51.
Craft Brew Alliance 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 Craft Brew Alliance MACD indicator can be used to identify bullish and bearish trends for the stock.
Craft Brew Alliance 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 BREW stock is 7.32.