Cheviot Financial Technical Analysis (NASDAQ:CHEV)
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 CHEV stock chart pattern can give those who understand technical analysis an indication of which way CHEV stock is headed, but cannot predict with 100% certainty as to what can happen to the Cheviot Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cheviot Financial. Technical analysis uses an approach for Cheviot Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cheviot Financial Moving Average
Moving averages help predict the price direction of CHEV stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $14.89 is below the price of $15.01.
Cheviot Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cheviot Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Cheviot Financial bollinger bands show that the stock price is $15.01, upper band is 15.05, lower band is 14.74, and the average is 14.89.
Cheviot Financial 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 Cheviot Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Cheviot Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 50 is the RSI value of CHEV stock.