California First National Technical Analysis (OTCMKTS:CFNB)
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. Just by looking at the California First National stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CFNB stock chart which creates a trading signal.
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 California First National. Technical analysis uses an approach for California First National stock analysis that does not care for the fair value of a company but uses price and volume data only.
California First National Moving Average
Moving averages show the CFNB 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 $15.48 is below the price of $16.25.
California First National 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 CFNB stock. The stock price is trading between the average and the upper band in the context of California First National bollinger bands.
California First National 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 California First National MACD line is below the signal line.
California First National Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CFNB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.