Colonial Financial Technical Analysis (NASDAQ:COBK)
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 Colonial Financial stock price data and volume are plotted in COBK stock charts and these trading charts form the basis of technical analysis.
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 Colonial Financial. Technical analysis uses an approach for Colonial Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
Colonial Financial Moving Average
Moving averages show the average price of COBK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Colonial Financial are mostly signals of long term trends and will help long term traders.
Colonial Financial Bollinger Bands
Bollinger bands comprise of a center line usually COBK SMA, and two COBK 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. Currently the stock price of $14.3 is in the upper range of Colonial Financial bollinger bands.
Colonial Financial 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 Colonial Financial MACD indicator is above 0 indicating a bullish trend.
Colonial Financial 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. The relative strength index of COBK stock is 79.26.