Cameron International Technical Analysis (NYSE:CAM)
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. Just by looking at the Cameron International stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CAM stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cameron International. Technical analysis uses an approach for Cameron International stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cameron International Moving Average
Moving averages help predict the price direction of CAM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $66.84 is above the price of $66.01.
Cameron International Bollinger Bands
Bollinger bands comprise of a center line usually CAM SMA, and two CAM 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. Cameron International bollinger bands show that the stock price is $66.01, upper band is 68.31, lower band is 65.37, and the average is 66.84.
Cameron International 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 Cameron International MACD indicator is below 0 indicating a bearish trend.
Cameron International Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.58 is the RSI value of CAM stock.