Christopher & Banks Technical Analysis (NYSE:CBK)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Christopher & Banks stock price data and volume are plotted in CBK stock charts and these trading charts form the basis of technical analysis.
See Christopher & Banks bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Christopher & Banks stock analysis that does not care for the fair value of a company but uses price and volume data only.
Christopher & Banks Moving Average
Moving averages show the CBK 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $0.96 is below the price of $1.06.
Christopher & Banks 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 CBK stock. The stock price is trading between the average and the upper band in the context of Christopher & Banks bollinger bands.
Christopher & Banks 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 Christopher & Banks MACD indicator can be used to identify bullish and bearish trends for the stock.
Christopher & Banks Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 79.17 is the RSI value of CBK stock.