Carlyle Technical Analysis (NASDAQ:CG)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The CG stock chart pattern can give those who understand technical analysis an indication of which way CG stock is headed, but cannot predict with 100% certainty as to what can happen to the Carlyle stock price.
See Carlyle bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Carlyle stock analysis.
Carlyle Moving Average
Moving averages show the average price of CG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $23.93 is above the last closing price of $23.35 and the 50 day moving average of $23.21 is below the last closing price of $23.35. The 10 and 20 day periods can predict short term moving average trends.
Carlyle 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 CG stock. Currently the stock price of $23.35 is in the lower range of Carlyle bollinger bands.
Carlyle 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 Carlyle MACD indicator is above 0 indicating a bullish trend.
Carlyle Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 44.29 is the RSI value of CG stock.