CUI Global Technical Analysis (NASDAQ:CUI)
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 CUI stock chart pattern can give those who understand technical analysis an indication of which way CUI stock is headed, but cannot predict with 100% certainty as to what can happen to the CUI Global stock price.
See CUI Global bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for CUI Global stock analysis that does not care for the fair value of a company but uses price and volume data only.
CUI Global Moving Average
Moving averages help predict the price direction of CUI 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 CUI Global are mostly signals of long term trends and will help long term traders.
CUI Global Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CUI Global. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $2.78 is in the lower range of CUI Global bollinger bands.
CUI Global Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The CUI Global MACD line is above the signal line.
CUI Global Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 50 is the RSI value of CUI stock.