California Water Service Company Technical Analysis (NYSE:CWT)
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 California Water Service Company 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 CWT stock chart which creates a trading signal.
See California Water Service Company bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of California Water Service Company stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
California Water Service Company Moving Average
Moving averages show the average price of CWT 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 $40.69 is above the last closing price of $40.65 and the 50 day moving average of $40.32 is below the last closing price of $40.65. The 10 and 20 day periods can predict short term moving average trends.
California Water Service Company Bollinger Bands
Bollinger bands comprise of a center line usually CWT SMA, and two CWT 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 California Water Service Company bollinger bands.
California Water Service Company 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 California Water Service Company MACD line is above the signal line.
California Water Service Company Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 46.85 is the RSI value of CWT stock.