Cooper-Standard Technical Analysis (NYSE:CPS)
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 Cooper-Standard stock price data and volume are plotted in CPS stock charts and these trading charts form the basis of technical analysis.
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 Cooper-Standard. Technical analysis uses an approach for Cooper-Standard stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cooper-Standard Moving Average
Moving averages help predict the price direction of CPS 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 Cooper-Standard are mostly signals of long term trends and will help long term traders.
Cooper-Standard Bollinger Bands
Bollinger bands comprise of a center line usually CPS SMA, and two CPS 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 $135.92 is in the upper range of Cooper-Standard bollinger bands.
Cooper-Standard Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Cooper-Standard MACD indicator is below 0 indicating a bearish trend.
Cooper-Standard 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. The relative strength index of CPS stock is 81.3.