CSG Systems Technical Analysis (NASDAQ:CSGS)
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. Just by looking at the CSG Systems 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 CSGS stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CSG Systems. The technical analysis form of CSG Systems stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CSG Systems Moving Average
Moving averages show the CSGS 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for CSG Systems are mostly signals of long term trends and will help long term traders.
CSG Systems Bollinger Bands
Bollinger bands comprise of a center line usually CSGS SMA, and two CSGS 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. CSG Systems bollinger bands show that the stock price is $43.24, upper band is 43.07, lower band is 40.17, and the average is 41.62.
CSG Systems 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 CSG Systems MACD line is above the signal line.
CSG Systems Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of CSGS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.