Coastway Technical Analysis (NASDAQ:CWAY)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Coastway stock price data and volume are plotted in CWAY 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 Coastway. The technical analysis form of Coastway stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Coastway Moving Average:
Moving averages show the average price of CWAY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $18.14 is below the price of $19.21.
Coastway Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Coastway. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Coastway bollinger bands.
Coastway 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 Coastway MACD indicator can be used to identify bullish and bearish trends for the stock.
Coastway Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 91.26 is the RSI value of CWAY stock. .