Cirrus Logic Technical Analysis (NASDAQ:CRUS)
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 CRUS stock chart pattern can give those who understand technical analysis an indication of which way CRUS stock is headed, but cannot predict with 100% certainty as to what can happen to the Cirrus Logic stock price.
See Cirrus Logic bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Cirrus Logic stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cirrus Logic Moving Average
Moving averages show the CRUS stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $46.5 is above the last closing price of $41.77 and the 50 day moving average of $49.85 is above the last closing price of $41.77. The 10 and 20 day periods can predict short term moving average trends.
Cirrus Logic Bollinger Bands
Bollinger bands comprise of a center line usually CRUS SMA, and two CRUS 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. The stock price is trading between the average and the lower band in the context of Cirrus Logic bollinger bands.
Cirrus Logic 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 Cirrus Logic MACD indicator can be used to identify bullish and bearish trends for the stock.
Cirrus Logic Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CRUS stock is 22.58.