CSP Technical Analysis (NASDAQ:CSPI)
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 CSPI stock chart pattern can give those who understand technical analysis an indication of which way CSPI stock is headed, but cannot predict with 100% certainty as to what can happen to the CSP stock price.
See CSP bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for CSP stock analysis that does not care for the fair value of a company but uses price and volume data only.
CSP Moving Average
Moving averages show the CSPI 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 $10.95 is below the last closing price of $11.58 and the 50 day moving average of $10.33 is below the last closing price of $11.58. The 10 and 20 day periods can predict short term moving average trends.
CSP Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CSP. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $11.58 is in the upper range of CSP bollinger bands.
CSP 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 CSP MACD indicator can be used to identify bullish and bearish trends for the stock.
CSP Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CSPI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.