Cabot Microelectronics Technical Analysis (NASDAQ:CCMP)
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 Cabot Microelectronics stock price data and volume are plotted in CCMP 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 Cabot Microelectronics. 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 Cabot Microelectronics stock analysis.
Cabot Microelectronics Moving Average
Moving averages help predict the price direction of CCMP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $99.43 is below the price of $101.3.
Cabot Microelectronics Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cabot Microelectronics. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Cabot Microelectronics bollinger bands show that the stock price is $101.3, upper band is 104.98, lower band is 93.88, and the average is 99.43.
Cabot Microelectronics 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 Cabot Microelectronics MACD line is below the signal line.
Cabot Microelectronics 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 CCMP stock is 48.05.