Campus Crest Technical Analysis (NYSE:CCG)
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. Just by looking at the Campus Crest stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CCG stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Campus Crest. The technical analysis form of Campus Crest stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Campus Crest Moving Average
Moving averages help predict the price direction of CCG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $6.94 is below the last closing price of $7 and the 50 day moving average of $6.87 is below the last closing price of $7. The 10 and 20 day periods can predict short term moving average trends.
Campus Crest Bollinger Bands
Bollinger bands comprise of a center line usually CCG SMA, and two CCG stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Campus Crest bollinger bands show that the stock price is $7, upper band is 7.04, lower band is 6.84, and the average is 6.94.
Campus Crest Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Campus Crest MACD indicator can be used to identify bullish and bearish trends for the stock.
Campus Crest Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 85 is the RSI value of CCG stock.