CMS Energy Technical Analysis (NYSE:CMS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the CMS Energy 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 CMS stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CMS Energy. Technical analysis uses an approach for CMS Energy stock analysis that does not care for the fair value of a company but uses price and volume data only.
CMS Energy Moving Average
Moving averages show the CMS 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $47.91 is below the price of $48.66.
CMS Energy Bollinger Bands
Bollinger bands comprise of a center line usually CMS SMA, and two CMS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of CMS Energy bollinger bands.
CMS Energy Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The CMS Energy MACD line is below the signal line.
CMS Energy 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 . If the RSI of CMS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.