CalAmp Technical Analysis (NASDAQ:CAMP)
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. The CalAmp stock price data and volume are plotted in CAMP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CalAmp. Technical analysis uses an approach for CalAmp stock analysis that does not care for the fair value of a company but uses price and volume data only.
CalAmp Moving Average
Moving averages help predict the price direction of CAMP 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 CalAmp are mostly signals of long term trends and will help long term traders.
CalAmp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CalAmp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of CalAmp bollinger bands.
CalAmp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The CalAmp MACD line is above the signal line.
CalAmp 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 CAMP stock is 78.12.