Calavo Growers Technical Analysis (NASDAQ:CVGW)
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 Calavo Growers stock price data and volume are plotted in CVGW 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 Calavo Growers. The technical analysis form of Calavo Growers stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Calavo Growers Moving Average
Moving averages show the CVGW 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. The 20 day moving average of $86.34 is below the last closing price of $87.15 and the 50 day moving average of $83.93 is below the last closing price of $87.15. The 10 and 20 day periods can predict short term moving average trends.
Calavo Growers 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 CVGW stock. Currently the stock price of $87.15 is in the upper range of Calavo Growers bollinger bands.
Calavo Growers 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 Calavo Growers MACD line is below the signal line.
Calavo Growers 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 . The relative strength index of CVGW stock is 50.59.