CAE Technical Analysis (NYSE:CAE)
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 CAE stock price data and volume are plotted in CAE 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 CAE. The technical analysis form of CAE stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CAE Moving Average
Moving averages show the average price of CAE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $20.97 is above the last closing price of $20.34 and the 50 day moving average of $19.89 is below the last closing price of $20.34. The 10 and 20 day periods can predict short term moving average trends.
CAE Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CAE. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $20.34 is in the lower range of CAE bollinger bands.
CAE 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 CAE MACD line is below the signal line.
CAE 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 CAE stock is 28.5.