Colony Capital Technical Analysis (NYSE:CLNY)
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 CLNY stock chart pattern can give those who understand technical analysis an indication of which way CLNY stock is headed, but cannot predict with 100% certainty as to what can happen to the Colony Capital stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Colony Capital. The technical analysis form of Colony Capital stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Colony Capital Moving Average
Moving averages show the average price of CLNY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $20.74 is below the last closing price of $21.52 and the 50 day moving average of $20.2 is below the last closing price of $21.52. The 10 and 20 day periods can predict short term moving average trends.
Colony Capital Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Colony Capital. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $21.52 is in the upper range of Colony Capital bollinger bands.
Colony Capital 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 Capital MACD indicator can be used to identify bullish and bearish trends for the stock.
Colony Capital Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 59.28 is the RSI value of CLNY stock.