Checkpoint Systems Technical Analysis (NYSE:CKP)
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 Checkpoint Systems stock price data and volume are plotted in CKP 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 Checkpoint Systems. Technical analysis uses an approach for Checkpoint Systems stock analysis that does not care for the fair value of a company but uses price and volume data only.
Checkpoint Systems Moving Average
Moving averages help predict the price direction of CKP 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 $10.14 is below the price of $10.14.
Checkpoint Systems 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 CKP stock. Checkpoint Systems bollinger bands show that the stock price is $10.14, upper band is 10.21, lower band is 10.08, and the average is 10.14.
Checkpoint Systems Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Checkpoint Systems MACD line is below the signal line.
Checkpoint Systems 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 CKP stock is 61.54.