CalAtlantic Group Technical Analysis (NYSE:CAA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. When a chart pattern that can predict future CalAtlantic Group stock price movements is formed, the CAA stock chart can become a key tool for a technical analyst.
See CalAtlantic Group bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 CalAtlantic Group stock analysis.
CalAtlantic Group Moving Average:
CAA 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 CalAtlantic Group chart patterns after the calculations remain the same. The 100 day moving average of 35.65 is above the last closing price of 34.6. Moving averages can be used for CAA trend identification. A rising moving average shows that stock prices are generally increasing.
CalAtlantic Group Bollinger Bands:
Bollinger bands comprise of a center line usually CAA SMA, and two CAA 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. The stock price is trading between the average and the upper band in the context of CalAtlantic Group bollinger bands.
CalAtlantic Group 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 CalAtlantic Group MACD indicator is below 0 indicating a bearish trend.
CalAtlantic Group Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CAA stock is 55.62. .