Citizens & Northern Technical Analysis (NASDAQ:CZNC)
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 Citizens & Northern 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 CZNC stock chart which creates a trading signal.
See Citizens & Northern bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Citizens & Northern stock analysis that does not care for the fair value of a company but uses price and volume data only.
Citizens & Northern Moving Average
Moving averages show the CZNC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $25.73 is below the last closing price of $26.58 and the 50 day moving average of $24.98 is below the last closing price of $26.58. The 10 and 20 day periods can predict short term moving average trends.
Citizens & Northern Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CZNC stock. Citizens & Northern bollinger bands show that the stock price is $26.58, upper band is 26.81, lower band is 24.65, and the average is 25.73.
Citizens & Northern 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 Citizens & Northern MACD line is below the signal line.
Citizens & Northern 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. 71.54 is the RSI value of CZNC stock.