CB Financial Technical Analysis (NASDAQ:CBFV)
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 CBFV stock chart pattern can give those who understand technical analysis an indication of which way CBFV stock is headed, but cannot predict with 100% certainty as to what can happen to the CB Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CB Financial. 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 CB Financial stock analysis.
CB Financial Moving Average
Moving averages show the average price of CBFV 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 $35.27 is above the last closing price of $34.75 and the 50 day moving average of $33.75 is below the last closing price of $34.75. The 10 and 20 day periods can predict short term moving average trends.
CB Financial 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 CBFV stock. CB Financial bollinger bands show that the stock price is $34.75, upper band is 36.38, lower band is 34.16, and the average is 35.27.
CB Financial 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 CB Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
CB Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 33.78 is the RSI value of CBFV stock.