Cavium Technical Analysis (NASDAQ:CAVM)
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 Cavium stock price data and volume are plotted in CAVM stock charts and these trading charts form the basis of technical analysis.
See Cavium bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Cavium stock analysis.
Cavium Moving Average
Moving averages show the average price of CAVM 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 $84.37 is above the last closing price of $82.98 and the 50 day moving average of $80.08 is below the last closing price of $82.98. The 10 and 20 day periods can predict short term moving average trends.
Cavium Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CAVM stock. The stock price is trading between the average and the lower band in the context of Cavium bollinger bands.
Cavium 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 Cavium MACD indicator is below 0 indicating a bearish trend.
Cavium Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 44.56 is the RSI value of CAVM stock.