Capital Product Technical Analysis (NASDAQ:CPLP)
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 Capital Product stock price data and volume are plotted in CPLP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Capital Product. 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 Capital Product stock analysis.
Capital Product Moving Average
Moving averages help predict the price direction of CPLP 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 Capital Product are mostly signals of long term trends and will help long term traders.
Capital Product Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Capital Product. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.82 is in the lower range of Capital Product bollinger bands.
Capital Product 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 Capital Product MACD indicator can be used to identify bullish and bearish trends for the stock.
Capital Product 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 CPLP stock is 24.39.