Columbia Property Trust Technical Analysis (NYSE:CXP)
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. Just by looking at the Columbia Property Trust 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 CXP stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Columbia Property Trust. The technical analysis form of Columbia Property Trust stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Columbia Property Trust Moving Average
Moving averages help predict the price direction of CXP 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 $23.73 is above the price of $23.51.
Columbia Property Trust Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Columbia Property Trust. 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 Columbia Property Trust bollinger bands.
Columbia Property Trust Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Columbia Property Trust MACD indicator can be used to identify bullish and bearish trends for the stock.
Columbia Property 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. 42.65 is the RSI value of CXP stock.