Centrue Financial Technical Analysis (NASDAQ:CFCB)
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 CFCB stock chart pattern can give those who understand technical analysis an indication of which way CFCB stock is headed, but cannot predict with 100% certainty as to what can happen to the Centrue Financial stock price.
See Centrue Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Centrue Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Centrue Financial Moving Average
Moving averages show the CFCB 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 $26.98 is below the last closing price of $27.73 and the 50 day moving average of $26.37 is below the last closing price of $27.73. The 10 and 20 day periods can predict short term moving average trends.
Centrue Financial Bollinger Bands
Bollinger bands comprise of a center line usually CFCB SMA, and two CFCB stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Centrue Financial bollinger bands show that the stock price is $27.73, upper band is 28.79, lower band is 25.16, and the average is 26.98.
Centrue Financial 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 Centrue Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Centrue Financial 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 . The relative strength index of CFCB stock is 56.63.