Catasys Technical Analysis (NASDAQ:CATS)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Catasys stock price data and volume are plotted in CATS 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 Catasys. The technical analysis form of Catasys stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Catasys Moving Average:
Moving averages show the average price of CATS 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 $5.12 is above the last closing price of $5.1 and the 50 day moving average of $4.74 is below the $5.1 price. The 10 and 20 day periods can predict short term moving average trends.
Catasys Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Catasys. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $5.1 is in the upper range of Catasys bollinger bands.
Catasys 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 Catasys MACD indicator can be used to identify bullish and bearish trends for the stock.
Catasys Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 48.39 is the RSI value of CATS stock. .