Comstock Holding Technical Analysis (NASDAQ:CHCI)
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 CHCI stock chart pattern can give those who understand technical analysis an indication of which way CHCI stock is headed, but cannot predict with 100% certainty as to what can happen to the Comstock Holding stock price.
See Comstock Holding 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 Comstock Holding stock analysis.
Comstock Holding Moving Average
Moving averages help predict the price direction of CHCI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Comstock Holding are mostly signals of long term trends and will help long term traders.
Comstock Holding Bollinger Bands
Bollinger bands comprise of a center line usually CHCI SMA, and two CHCI 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. The stock price is trading between the average and the upper band in the context of Comstock Holding bollinger bands.
Comstock Holding 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 Comstock Holding MACD indicator is below 0 indicating a bearish trend.
Comstock Holding Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 63.64 is the RSI value of CHCI stock.