CYOU following along as expected
Price
and moving averages:
Changyou.com
has closed below its short term moving average.
Short
term moving average is currently below mid term, AND below long term moving
averages.
The
relationship between price and moving averages is bearish in short term, and
bearish in mid-long term.
Bollinger
Bands:
Changyou.com
has closed above bottom band by 35.1%.
Bollinger
Bands are 55.9% narrower than normal.
The
narrow width of the bands suggests low volatility as compared to Changyou.com's
normal range. Therefore, the probability of volatility increasing with a
sharp price move has increased for the near-term. The bands have been in this
narrow range for 5 bars. The probability of a significant price move increases
the longer the bands remain in this narrow range.
RSI is 44.14; not currently in a topping (above 70) or
bottoming (below 30) range.
CCI
= -14.526; price excursions from the mean price as a statistical variation
indicated a sell on yesterday's close.
Current
rating is -3
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to
cautionary.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
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