Calumet Specialty Products Technical Analysis (NASDAQ:CLMT)
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 Calumet Specialty Products stock price data and volume are plotted in CLMT stock charts and these trading charts form the basis of technical analysis.
See Calumet Specialty Products bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Calumet Specialty Products stock analysis that does not care for the fair value of a company but uses price and volume data only.
Calumet Specialty Products Moving Average
Moving averages show the average price of CLMT 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 Calumet Specialty Products are mostly signals of long term trends and will help long term traders.
Calumet Specialty Products 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 CLMT stock. The stock price is trading between the average and the lower band in the context of Calumet Specialty Products bollinger bands.
Calumet Specialty Products 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 Calumet Specialty Products MACD indicator can be used to identify bullish and bearish trends for the stock.
Calumet Specialty Products Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 25 is the RSI value of CLMT stock.