CoreLogic Technical Analysis (NYSE:CLGX)
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. The CoreLogic stock price data and volume are plotted in CLGX stock charts and these trading charts form the basis of technical analysis.
See CoreLogic bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for CoreLogic stock analysis that does not care for the fair value of a company but uses price and volume data only.
CoreLogic Moving Average
Moving averages show the CLGX 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for CoreLogic are mostly signals of long term trends and will help long term traders.
CoreLogic Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CoreLogic. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $53.37 is in the upper range of CoreLogic bollinger bands.
CoreLogic 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 CoreLogic MACD indicator can be used to identify bullish and bearish trends for the stock.
CoreLogic 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 . 44.01 is the RSI value of CLGX stock.