Cadiz Technical Analysis (NASDAQ:CDZI)
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 Cadiz stock price data and volume are plotted in CDZI stock charts and these trading charts form the basis of technical analysis.
See Cadiz bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Cadiz stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Cadiz Moving Average
Moving averages show the CDZI stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.28 is above the price of $10.55.
Cadiz Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cadiz. 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 lower band in the context of Cadiz bollinger bands.
Cadiz 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 Cadiz MACD indicator can be used to identify bullish and bearish trends for the stock.
Cadiz Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of CDZI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.