Citizens Community Technical Analysis (NASDAQ:CZWI)
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 CZWI stock chart pattern can give those who understand technical analysis an indication of which way CZWI stock is headed, but cannot predict with 100% certainty as to what can happen to the Citizens Community stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Citizens Community. 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 Citizens Community stock analysis.
Citizens Community Moving Average
Moving averages show the average price of CZWI 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 $14.04 is below the last closing price of $14.04 and the 50 day moving average of $13.91 is below the last closing price of $14.04. The 10 and 20 day periods can predict short term moving average trends.
Citizens Community Bollinger Bands
Bollinger bands comprise of a center line usually CZWI SMA, and two CZWI 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 Citizens Community bollinger bands.
Citizens Community 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 stock prices will go up. The Citizens Community MACD line is below the signal line.
Citizens Community 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. If the RSI of CZWI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.