China Online Education Group Technical Analysis (NYSE:COE)
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 China Online Education Group stock price data and volume are plotted in COE 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 China Online Education Group. Technical analysis uses an approach for China Online Education Group stock analysis that does not care for the fair value of a company but uses price and volume data only.
China Online Education Group Moving Average
Moving averages show the average price of COE 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 $10.81 is below the last closing price of $10.9 and the 50 day moving average of $10.83 is below the last closing price of $10.9. The 10 and 20 day periods can predict short term moving average trends.
China Online Education Group Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like China Online Education Group. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. China Online Education Group bollinger bands show that the stock price is $10.9, upper band is 11.91, lower band is 9.7, and the average is 10.81.
China Online Education Group 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 China Online Education Group MACD indicator is below 0 indicating a bearish trend.
China Online Education Group Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 66.29 is the RSI value of COE stock.