Collegium Pharma Technical Analysis (NASDAQ:COLL)
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. Just by looking at the Collegium Pharma stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the COLL stock chart which creates a trading signal.
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 Collegium Pharma. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Collegium Pharma stock analysis.
Collegium Pharma Moving Average
Moving averages help predict the price direction of COLL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $15.94 is above the last closing price of $14.88 and the 50 day moving average of $17.6 is above the last closing price of $14.88. The 10 and 20 day periods can predict short term moving average trends.
Collegium Pharma Bollinger Bands
Bollinger bands comprise of a center line usually COLL SMA, and two COLL 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 $14.88 is in the lower range of Collegium Pharma bollinger bands.
Collegium Pharma 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 Collegium Pharma MACD line is above the signal line.
Collegium Pharma Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of COLL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.