CatchMark Timber Trust Technical Analysis (NYSE:CTT)
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 CTT stock chart pattern can give those who understand technical analysis an indication of which way CTT stock is headed, but cannot predict with 100% certainty as to what can happen to the CatchMark Timber Trust stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for CatchMark Timber Trust. Technical analysis uses an approach for CatchMark Timber Trust stock analysis that does not care for the fair value of a company but uses price and volume data only.
CatchMark Timber Trust Moving Average
Moving averages show the CTT 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 $12.33 is above the price of $12.23.
CatchMark Timber Trust Bollinger Bands
Bollinger bands comprise of a center line usually CTT SMA, and two CTT 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. CatchMark Timber Trust bollinger bands show that the stock price is $12.23, upper band is 12.69, lower band is 11.97, and the average is 12.33.
CatchMark Timber Trust 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 CatchMark Timber Trust MACD indicator is below 0 indicating a bearish trend.
CatchMark Timber Trust Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 43.24 is the RSI value of CTT stock.