Century Communities Technical Analysis (NYSE:CCS)
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. A CCS stock chart pattern can give those who understand technical analysis an indication of which way CCS stock is headed, but cannot predict with 100% certainty as to what can happen to the Century Communities stock price.
See Century Communities bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Century Communities stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Century Communities Moving Average:
Moving averages show the average price of CCS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for CCS trend identification. A rising moving average shows that stock prices are generally increasing.
Century Communities Bollinger Bands:
Bollinger bands comprise of a center line usually CCS SMA, and two CCS stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Century Communities bollinger bands.
Century Communities 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 Century Communities MACD indicator can be used to identify bullish and bearish trends for the stock.
Century Communities Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 77.03 is the RSI value of CCS stock. .