ClearBridge Am Energy MLP Fund Technical Analysis (NYSE:CBA)
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 CBA stock chart pattern can give those who understand technical analysis an indication of which way CBA stock is headed, but cannot predict with 100% certainty as to what can happen to the ClearBridge Am Energy MLP Fund stock price.
See ClearBridge Am Energy MLP Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for ClearBridge Am Energy MLP Fund stock analysis that does not care for the fair value of a company but uses price and volume data only.
ClearBridge Am Energy MLP Fund Moving Average
Moving averages show the CBA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $8.19 is below the last closing price of $8.29 and the 50 day moving average of $7.87 is below the last closing price of $8.29. The 10 and 20 day periods can predict short term moving average trends.
ClearBridge Am Energy MLP Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like ClearBridge Am Energy MLP Fund. 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 ClearBridge Am Energy MLP Fund bollinger bands.
ClearBridge Am Energy MLP Fund 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 ClearBridge Am Energy MLP Fund MACD line is below the signal line.
ClearBridge Am Energy MLP Fund 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 CBA stock is 64.58.