Capital One Financial Technical Analysis (NYSE:COF)
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. The Capital One Financial stock price data and volume are plotted in COF stock charts and these trading charts form the basis of technical analysis.
See Capital One Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Capital One Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Capital One Financial Moving Average
Moving averages show the average price of COF 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 $96.93 is below the last closing price of $99.89 and the 50 day moving average of $95.93 is below the last closing price of $99.89. The 10 and 20 day periods can predict short term moving average trends.
Capital One Financial 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 COF stock. The stock price is trading between the average and the upper band in the context of Capital One Financial bollinger bands.
Capital One Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Capital One Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Capital One 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. If the RSI of COF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.