Consolidated Water Co. Technical Analysis (NASDAQ:CWCO)
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. Just by looking at the Consolidated Water Co. stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CWCO stock chart which creates a trading signal.
See Consolidated Water Co. bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Consolidated Water Co. stock analysis.
Consolidated Water Co. Moving Average
Moving averages show the average price of CWCO stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Consolidated Water Co. are mostly signals of long term trends and will help long term traders.
Consolidated Water Co. Bollinger Bands
Bollinger bands comprise of a center line usually CWCO SMA, and two CWCO 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. The stock price is trading between the average and the lower band in the context of Consolidated Water Co. bollinger bands.
Consolidated Water Co. 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 Consolidated Water Co. MACD line is above the signal line.
Consolidated Water Co. Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CWCO stock is 46.81.