Colonial Municipal IncomeTrust Technical Analysis (NYSE:CMU)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The CMU Chart pattern can give those who understand technical analysis an indication of which way CMU stock is headed, but cannot predict with 100% certainty as to what can happen to the Colonial Municipal IncomeTrust Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Colonial Municipal IncomeTrust. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Colonial Municipal IncomeTrust Analysis.
Colonial Municipal IncomeTrust Moving Average
Moving averages show the CMU 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 20 day moving average of $4.48 is above the last closing price of $4.45 and the 50 day moving average of $4.51 is above the last closing price of $4.45. The 10 and 20 day periods can predict short term moving average trends.
Colonial Municipal IncomeTrust Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Colonial Municipal IncomeTrust. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Colonial Municipal IncomeTrust bollinger bands show that the Price is $4.45, upper band is 4.55, lower band is 4.42, and the average is 4.48.
Colonial Municipal IncomeTrust Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Colonial Municipal IncomeTrust MACD indicator is below 0 indicating a bearish trend.
Colonial Municipal IncomeTrust Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 42.5 is the RSI value of CMU stock.