Community Bank System Technical Analysis (NYSE:CBU)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Community Bank System stock price data and volume are plotted in CBU stock charts and these trading charts form the basis of technical analysis.
See Community Bank System bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Community Bank System stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Community Bank System Moving Average
Moving averages show the average price of CBU 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 $53.51 is below the last closing price of $54.68 and the 50 day moving average of $54.06 is below the last closing price of $54.68. The 10 and 20 day periods can predict short term moving average trends.
Community Bank System Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Community Bank System. 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 Community Bank System bollinger bands.
Community Bank System 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 Community Bank System MACD indicator can be used to identify bullish and bearish trends for the stock.
Community Bank System Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of CBU stock is 57.2.