COLONY NORTHSTR Technical Analysis (NYSE:CLNS)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The CLNS stock chart pattern can give those who understand technical analysis an indication of which way CLNS stock is headed, but cannot predict with 100% certainty as to what can happen to the COLONY NORTHSTR stock price.
See COLONY NORTHSTR bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for COLONY NORTHSTR stock analysis that does not care for the fair value of a company but uses price and volume data only.
COLONY NORTHSTR Moving Average
Moving averages show the average price of CLNS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.64 is below the price of $5.94.
COLONY NORTHSTR Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like COLONY NORTHSTR. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of COLONY NORTHSTR bollinger bands.
COLONY NORTHSTR 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 COLONY NORTHSTR MACD indicator can be used to identify bullish and bearish trends for the stock.
COLONY NORTHSTR Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CLNS stock is 65.74.