CB Financial Technical Analysis (NASDAQ:CBFV)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The CB Financial stock price data and volume are plotted in CBFV 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 CB Financial. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking CB Financial stock analysis using these technical indicators helps identify trading opportunities.
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 $27.08 is below the last closing price of $27.85 and the 50 day moving average of $26.58 is below the $27.85 price. The 10 and 20 day periods can predict short term moving average trends.
CB Financial Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of CB Financial stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of CB Financial bollinger bands.
CB Financial Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The CB Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
CB Financial Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. If the RSI of CBFV stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .