Cloud Peak Energy Technical Analysis (NYSE:CLD)
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 Cloud Peak Energy 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 CLD stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Cloud Peak Energy. 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 Cloud Peak Energy stock analysis.
Cloud Peak Energy Moving Average
Moving averages show the CLD 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 $3.08 is above the last closing price of $3.05 and the 50 day moving average of $3.31 is above the last closing price of $3.05. The 10 and 20 day periods can predict short term moving average trends.
Cloud Peak Energy 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 CLD stock. Currently the stock price of $3.05 is in the lower range of Cloud Peak Energy bollinger bands.
Cloud Peak Energy 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 Cloud Peak Energy MACD line is above the signal line.
Cloud Peak Energy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CLD stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.