CGI Technical Analysis (NYSE:GIB)
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. The GIB stock chart pattern can give those who understand technical analysis an indication of which way GIB stock is headed, but cannot predict with 100% certainty as to what can happen to the CGI 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 CGI. The technical analysis form of CGI stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CGI Moving Average
Moving averages show the average price of GIB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $64.28 is below the price of $65.29.
CGI 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 GIB stock. The stock price is trading between the average and the upper band in the context of CGI bollinger bands.
CGI 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 CGI MACD line is above the signal line.
CGI Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 59.98 is the RSI value of GIB stock.