CPS Technologies Technical Analysis (NASDAQ:CPSH)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The CPSH stock chart pattern can give those who understand technical analysis an indication of which way CPSH stock is headed, but cannot predict with 100% certainty as to what can happen to the CPS Technologies stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CPS Technologies. Technical analysis uses an approach for CPS Technologies stock analysis that does not care for the fair value of a company but uses price and volume data only.
CPS Technologies Moving Average
Moving averages help predict the price direction of CPSH stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.54 is above the price of $1.5.
CPS Technologies Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CPS Technologies. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of CPS Technologies bollinger bands.
CPS Technologies 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 CPS Technologies MACD indicator can be used to identify bullish and bearish trends for the stock.
CPS Technologies 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 CPSH stock is 43.83.