Citizens Technical Analysis (NYSE:CIA)
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 Citizens stock price data and volume are plotted in CIA stock charts and these trading charts form the basis of technical analysis.
See Citizens 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 Citizens stock analysis.
Citizens Moving Average
Moving averages show the CIA 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 $8.3 is above the price of $8.26.
Citizens Bollinger Bands
Bollinger bands comprise of a center line usually CIA SMA, and two CIA 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. Currently the stock price of $8.26 is in the lower range of Citizens bollinger bands.
Citizens 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 Citizens MACD line is above the signal line.
Citizens Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CIA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.