Colliers International Group Technical Analysis (NASDAQ:CIGI)
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 Colliers International Group stock price data and volume are plotted in CIGI 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 Colliers International Group. Technical analysis uses an approach for Colliers International Group stock analysis that does not care for the fair value of a company but uses price and volume data only.
Colliers International Group Moving Average
Moving averages show the CIGI 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 $80.2 is below the last closing price of $80.7 and the 50 day moving average of $78.25 is below the last closing price of $80.7. The 10 and 20 day periods can predict short term moving average trends.
Colliers International Group Bollinger Bands
Bollinger bands comprise of a center line usually CIGI SMA, and two CIGI 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. Colliers International Group bollinger bands show that the stock price is $80.7, upper band is 83.28, lower band is 77.11, and the average is 80.2.
Colliers International Group 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 Colliers International Group MACD indicator can be used to identify bullish and bearish trends for the stock.
Colliers International Group Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of CIGI stock is 38.61.