Herzfeld Caribbean Basin Technical Analysis (NASDAQ:CUBA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Herzfeld Caribbean Basin Price data and volume are plotted in CUBA Charts and these trading charts form the basis of technical analysis.
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 Herzfeld Caribbean Basin. The technical analysis form of Herzfeld Caribbean Basin Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Herzfeld Caribbean Basin Moving Average
Moving averages help predict the price direction of CUBA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $6.67 is below the last closing price of $6.72 and the 50 day moving average of $6.75 is above the last closing price of $6.72. The 10 and 20 day periods can predict short term moving average trends.
Herzfeld Caribbean Basin 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 CUBA stock. Currently the Price of $6.72 is in the upper range of Herzfeld Caribbean Basin bollinger bands.
Herzfeld Caribbean Basin Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Herzfeld Caribbean Basin MACD indicator can be used to identify bullish and bearish trends for the stock.
Herzfeld Caribbean Basin 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 CUBA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.