Chefs' Warehouse Technical Analysis (NASDAQ:CHEF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Chefs' Warehouse stock price data and volume are plotted in CHEF stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Chefs' Warehouse. The technical analysis form of Chefs' Warehouse stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Chefs' Warehouse Moving Average
Moving averages show the CHEF 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 $25.87 is below the last closing price of $27.5 and the 50 day moving average of $24.55 is below the last closing price of $27.5. The 10 and 20 day periods can predict short term moving average trends.
Chefs' Warehouse Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Chefs' Warehouse. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Chefs' Warehouse bollinger bands show that the stock price is $27.5, upper band is 29.12, lower band is 22.62, and the average is 25.87.
Chefs' Warehouse 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 Chefs' Warehouse MACD line is below the signal line.
Chefs' Warehouse Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 74.22 is the RSI value of CHEF stock.