CyrusOne Technical Analysis (NASDAQ:CONE)
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 CyrusOne 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 CONE stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CyrusOne. 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 CyrusOne stock analysis.
CyrusOne Moving Average
Moving averages show the CONE stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $67.45 is below the price of $68.24.
CyrusOne 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 CONE stock. The stock price is trading between the average and the upper band in the context of CyrusOne bollinger bands.
CyrusOne 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 CyrusOne MACD indicator is above 0 indicating a bullish trend.
CyrusOne Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CONE stock is 59.36.