Chimera Investment Technical Analysis (NYSE:CIM)
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 Chimera Investment stock price data and volume are plotted in CIM 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 Chimera Investment. Technical analysis uses an approach for Chimera Investment stock analysis that does not care for the fair value of a company but uses price and volume data only.
Chimera Investment Moving Average
Moving averages show the average price of CIM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Chimera Investment are mostly signals of long term trends and will help long term traders.
Chimera Investment Bollinger Bands
Bollinger bands comprise of a center line usually CIM SMA, and two CIM 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. The stock price is trading between the average and the lower band in the context of Chimera Investment bollinger bands.
Chimera Investment 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 Chimera Investment MACD indicator is below 0 indicating a bearish trend.
Chimera Investment 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 . If the RSI of CIM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.