Central Valley Comm. Bancorp Technical Analysis (NASDAQ:CVCY)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Central Valley Comm. Bancorp stock price data and volume are plotted in CVCY stock 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 Central Valley Comm. Bancorp. The technical analysis form of Central Valley Comm. Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Central Valley Comm. Bancorp Moving Average
Moving averages show the average price of CVCY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $19.38 is below the last closing price of $19.4 and the 50 day moving average of $19.92 is above the last closing price of $19.4. The 10 and 20 day periods can predict short term moving average trends.
Central Valley Comm. Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually CVCY SMA, and two CVCY 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. Currently the stock price of $19.4 is in the upper range of Central Valley Comm. Bancorp bollinger bands.
Central Valley Comm. Bancorp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Central Valley Comm. Bancorp MACD line is below the signal line.
Central Valley Comm. Bancorp 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 CVCY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.