Cbeyond Technical Analysis (NASDAQ:CBEY)
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 Cbeyond stock price data and volume are plotted in CBEY stock charts and these trading charts form the basis of technical analysis.
See Cbeyond bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Cbeyond stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Cbeyond Moving Average:
CBEY stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Cbeyond chart patterns after the calculations remain the same. The 100 day moving average of 8.88 is below the last closing price of 9.99. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $9.96 is below the price of $9.99.
Cbeyond Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Cbeyond stock price relative to previous trades. Cbeyond bollinger bands show that the stock price is $9.99, upper band is 36.75, lower band is 27.51, and the average is 32.13.
Cbeyond 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 Cbeyond MACD line is above the signal line.
Cbeyond 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. 66.67 is the RSI value of CBEY stock. .