Cohu Technical Analysis (NASDAQ:COHU)
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 COHU stock chart pattern can give those who understand technical analysis an indication of which way COHU stock is headed, but cannot predict with 100% certainty as to what can happen to the Cohu stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cohu. The technical analysis form of Cohu stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Cohu Moving Average
Moving averages help predict the price direction of COHU stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Cohu are mostly signals of long term trends and will help long term traders.
Cohu Bollinger Bands
Bollinger bands comprise of a center line usually COHU SMA, and two COHU 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. Cohu bollinger bands show that the stock price is $20.95, upper band is 28.26, lower band is 21.12, and the average is 24.69.
Cohu 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 Cohu MACD line is above the signal line.
Cohu 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 COHU stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.