Cooper Tire & Rubber Technical Analysis (NYSE:CTB)
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. The Cooper Tire & Rubber stock price data and volume are plotted in CTB stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cooper Tire & Rubber. Technical analysis uses an approach for Cooper Tire & Rubber stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cooper Tire & Rubber Moving Average
Moving averages help predict the price direction of CTB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Cooper Tire & Rubber are mostly signals of long term trends and will help long term traders.
Cooper Tire & Rubber 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 CTB stock. Currently the stock price of $27.05 is in the upper range of Cooper Tire & Rubber bollinger bands.
Cooper Tire & Rubber 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 Cooper Tire & Rubber MACD indicator is below 0 indicating a bearish trend.
Cooper Tire & Rubber 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. The relative strength index of CTB stock is 63.24.