CDI Corp Technical Analysis (NYSE:CDI)
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 CDI Corp stock price data and volume are plotted in CDI stock charts and these trading charts form the basis of technical analysis.
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 CDI Corp. 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 CDI Corp stock analysis.
CDI Corp Moving Average
Moving averages show the average price of CDI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for CDI Corp are mostly signals of long term trends and will help long term traders.
CDI Corp 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 CDI stock. The stock price is trading between the average and the lower band in the context of CDI Corp bollinger bands.
CDI Corp 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 CDI Corp MACD indicator is below 0 indicating a bearish trend.
CDI Corp 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 . If the RSI of CDI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.