Crocs Technical Analysis (NASDAQ:CROX)
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. Just by looking at the Crocs stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CROX stock chart which creates a trading signal.
See Crocs bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Crocs stock analysis.
Crocs Moving Average
Moving averages help predict the price direction of CROX stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.84 is below the price of $16.42.
Crocs Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CROX stock. Currently the stock price of $16.42 is in the upper range of Crocs bollinger bands.
Crocs 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 Crocs MACD indicator is below 0 indicating a bearish trend.
Crocs Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 55.89 is the RSI value of CROX stock.