CIFC LLC Technical Analysis (NASDAQ:CIFC)
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. Just by looking at the CIFC LLC stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CIFC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CIFC LLC. 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 CIFC LLC stock analysis.
CIFC LLC Moving Average
Moving averages show the average price of CIFC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.3 is below the price of $11.4.
CIFC LLC 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 CIFC stock. CIFC LLC bollinger bands show that the stock price is $11.4, upper band is 11.38, lower band is 11.23, and the average is 11.3.
CIFC LLC 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 CIFC LLC MACD indicator is above 0 indicating a bullish trend.
CIFC LLC Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of CIFC stock is 71.43.