CIM Commercial Trust Technical Analysis (NASDAQ:CMCT)
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 CIM Commercial Trust 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 CMCT 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 CIM Commercial Trust. 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 CIM Commercial Trust stock analysis.
CIM Commercial Trust Moving Average
Moving averages show the CMCT 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 CIM Commercial Trust are mostly signals of long term trends and will help long term traders.
CIM Commercial Trust 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 CMCT stock. CIM Commercial Trust bollinger bands show that the stock price is $14.34, upper band is 15.31, lower band is 14.28, and the average is 14.79.
CIM Commercial Trust Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The CIM Commercial Trust MACD indicator is below 0 indicating a bearish trend.
CIM Commercial Trust Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.65 is the RSI value of CMCT stock.