Cass Info Systems Technical Analysis (NASDAQ:CASS)
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. Just by looking at the Cass Info Systems 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 CASS stock chart which creates a trading signal.
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 Cass Info Systems. 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 Cass Info Systems stock analysis.
Cass Info Systems Moving Average
Moving averages help predict the price direction of CASS 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 $61.41 is below the price of $62.54.
Cass Info Systems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cass Info Systems. 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 Cass Info Systems bollinger bands.
Cass Info Systems 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 Cass Info Systems MACD indicator is below 0 indicating a bearish trend.
Cass Info Systems Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of CASS stock is 54.66.