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. The CPT stock chart pattern can give those who understand technical analysis an indication of which way CPT stock is headed, but cannot predict with 100% certainty as to what can happen to the Camden Property Trust stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Camden Property Trust. The technical analysis form of Camden Property Trust stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Camden Property Trust Moving Average
Moving averages help predict the price direction of CPT 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 Camden Property Trust are mostly signals of long term trends and will help long term traders.
Camden Property Trust Bollinger Bands
Bollinger bands comprise of a center line usually CPT SMA, and two CPT 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 $81.76 is in the lower range of Camden Property Trust bollinger bands.
Camden Property Trust 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 Camden Property Trust MACD indicator can be used to identify bullish and bearish trends for the stock.
Camden Property Trust 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 CPT stock is 45.61.