Celator Pharma Technical Analysis (NASDAQ:CPXX)
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 Celator Pharma stock price data and volume are plotted in CPXX 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 Celator Pharma. The technical analysis form of Celator Pharma stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Celator Pharma Moving Average
Moving averages show the average price of CPXX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $30.18 is below the price of $30.24.
Celator Pharma Bollinger Bands
Bollinger bands comprise of a center line usually CPXX SMA, and two CPXX 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. Celator Pharma bollinger bands show that the stock price is $30.24, upper band is 30.28, lower band is 30.09, and the average is 30.18.
Celator Pharma 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 Celator Pharma MACD indicator is below 0 indicating a bearish trend.
Celator Pharma Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 62.96 is the RSI value of CPXX stock.