Camden Property Trust Technical Analysis (NYSE:CPT)
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. When a chart pattern that can predict future Camden Property Trust stock price movements is formed, the CPT stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Camden Property Trust. Technical analysis uses an approach for Camden Property Trust stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Camden Property Trust Moving Average:
Moving averages show the average price of CPT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling CPT moving average implies that Camden Property Trust stock price is falling.
Camden Property Trust Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Camden Property Trust. 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 Camden Property Trust bollinger bands.
Camden Property Trust 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 Camden Property Trust MACD indicator can be used to identify bullish and bearish trends for the stock.
Camden Property Trust 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 CPT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .