CalAtlantic Group Technical Analysis (NYSE:CAA)
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. The CAA stock chart pattern can give those who understand technical analysis an indication of which way CAA stock is headed, but cannot predict with 100% certainty as to what can happen to the CalAtlantic Group stock price.
See CalAtlantic Group bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of CalAtlantic Group stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CalAtlantic Group Moving Average
Moving averages show the average price of CAA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $58.36 is above the price of $53.12.
CalAtlantic Group Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CalAtlantic Group. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. CalAtlantic Group bollinger bands show that the stock price is $53.12, upper band is 67.21, lower band is 49.51, and the average is 58.36.
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 can be used to identify bullish and bearish trends for the stock.
CalAtlantic Group 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 . If the RSI of CAA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.