Cullen/Frost Bankers Technical Analysis (NYSE:CFR)
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 Cullen/Frost Bankers 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 CFR stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cullen/Frost Bankers. 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 Cullen/Frost Bankers stock analysis.
Cullen/Frost Bankers Moving Average
Moving averages show the CFR 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 $107.33 is below the price of $108.66.
Cullen/Frost Bankers Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cullen/Frost Bankers. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Cullen/Frost Bankers bollinger bands show that the stock price is $108.66, upper band is 111.2, lower band is 103.46, and the average is 107.33.
Cullen/Frost Bankers 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 Cullen/Frost Bankers MACD line is below the signal line.
Cullen/Frost Bankers Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CFR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.