Central Garden & Pet Technical Analysis (NASDAQ:CENT)
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. The Central Garden & Pet stock price data and volume are plotted in CENT stock charts and these trading charts form the basis of technical analysis.
See Central Garden & Pet bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Central Garden & Pet stock analysis that does not care for the fair value of a company but uses price and volume data only.
Central Garden & Pet Moving Average
Moving averages show the CENT 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. The 20 day moving average of $42.25 is below the last closing price of $44.01 and the 50 day moving average of $40.5 is below the last closing price of $44.01. The 10 and 20 day periods can predict short term moving average trends.
Central Garden & Pet 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 CENT stock. Central Garden & Pet bollinger bands show that the stock price is $44.01, upper band is 44.89, lower band is 39.62, and the average is 42.25.
Central Garden & Pet 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 Central Garden & Pet MACD indicator can be used to identify bullish and bearish trends for the stock.
Central Garden & Pet Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CENT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.