Colonial High Income Municipal Trust Technical Analysis (NYSE:CXE)
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 Colonial High Income Municipal Trust Price data and volume are plotted in CXE Charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Colonial High Income Municipal Trust. The technical analysis form of Colonial High Income Municipal Trust Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Colonial High Income Municipal Trust Moving Average
Moving averages help predict the price direction of CXE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $4.94 is below the price of $5.04.
Colonial High Income Municipal Trust Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Colonial High Income Municipal Trust. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Colonial High Income Municipal Trust bollinger bands show that the Price is $5.04, upper band is 5, lower band is 4.88, and the average is 4.94.
Colonial High Income Municipal Trust 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 Prices will go up. The Colonial High Income Municipal Trust MACD indicator is below 0 indicating a bearish trend.
Colonial High Income Municipal Trust 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. 62.86 is the RSI value of CXE stock.