CPI Card Group Technical Analysis (NASDAQ:PMTS)
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 PMTS stock chart pattern can give those who understand technical analysis an indication of which way PMTS stock is headed, but cannot predict with 100% certainty as to what can happen to the CPI Card Group stock price.
See CPI Card Group bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for CPI Card Group stock analysis that does not care for the fair value of a company but uses price and volume data only.
CPI Card Group Moving Average
Moving averages help predict the price direction of PMTS 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 $2.84 is above the price of $2.56.
CPI Card Group Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like CPI Card Group. 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 CPI Card Group bollinger bands.
CPI Card Group 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 CPI Card Group MACD indicator is below 0 indicating a bearish trend.
CPI Card Group 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 . The relative strength index of PMTS stock is 34.65.