Capstone Turbine Technical Analysis (NASDAQ:CPST)
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 Capstone Turbine stock price data and volume are plotted in CPST 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 Capstone Turbine. Technical analysis uses an approach for Capstone Turbine stock analysis that does not care for the fair value of a company but uses price and volume data only.
Capstone Turbine Moving Average
Moving averages show the CPST 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. The 20 day moving average of $1.07 is above the last closing price of $0.95 and the 50 day moving average of $1.3 is above the last closing price of $0.95. The 10 and 20 day periods can predict short term moving average trends.
Capstone Turbine Bollinger Bands
Bollinger bands comprise of a center line usually CPST SMA, and two CPST 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. Capstone Turbine bollinger bands show that the stock price is $0.95, upper band is 1.25, lower band is 0.9, and the average is 1.07.
Capstone Turbine 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 Capstone Turbine MACD indicator is below 0 indicating a bearish trend.
Capstone Turbine Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of CPST stock is 27.78.