CPB Technical Analysis (NYSE:CPF)
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 CPB 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 CPF 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 CPB. Technical analysis uses an approach for CPB stock analysis that does not care for the fair value of a company but uses price and volume data only.
CPB Moving Average
Moving averages help predict the price direction of CPF 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 CPB are mostly signals of long term trends and will help long term traders.
CPB Bollinger Bands
Bollinger bands comprise of a center line usually CPF SMA, and two CPF 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. The stock price is trading between the average and the lower band in the context of CPB bollinger bands.
CPB 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 CPB MACD indicator is below 0 indicating a bearish trend.
CPB 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 CPF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.