China Recycling Energy Technical Analysis (NASDAQ:CREG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A CREG stock chart pattern can give those who understand technical analysis an indication of which way CREG stock is headed, but cannot predict with 100% certainty as to what can happen to the China Recycling Energy stock price.
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 China Recycling Energy. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of China Recycling Energy stock analysis.
China Recycling Energy Moving Average:
Moving averages show the CREG stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.6 is above the price of $1.2.
China Recycling Energy Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of China Recycling Energy stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of China Recycling Energy bollinger bands.
China Recycling Energy Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The China Recycling Energy MACD line is above the signal line.
China Recycling Energy Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of CREG stock is 50. .