Credit Suisse Technical Analysis (NYSE:CS)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Credit Suisse 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 CS stock chart which creates a trading signal.
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 Credit Suisse. 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 Credit Suisse stock analysis.
Credit Suisse Moving Average
Moving averages show the CS 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.12 is below the price of $15.94.
Credit Suisse 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 CS stock. The stock price is trading between the average and the upper band in the context of Credit Suisse bollinger bands.
Credit Suisse 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 Credit Suisse MACD line is above the signal line.
Credit Suisse Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.