Cerner Technical Analysis (NASDAQ:CERN)
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 Cerner stock price data and volume are plotted in CERN 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 Cerner. 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 Cerner stock analysis.
Cerner Moving Average
Moving averages show the average price of CERN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $60.48 is above the price of $59.81.
Cerner 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 CERN stock. The stock price is trading between the average and the lower band in the context of Cerner bollinger bands.
Cerner 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 Cerner MACD line is below the signal line.
Cerner 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 CERN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.