American National Bankshares Technical Analysis (NASDAQ:AMNB)
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. When a chart pattern that can predict future American National Bankshares stock price movements is formed, the AMNB stock chart can become a key tool for a technical analyst.
See American National Bankshares bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 American National Bankshares stock analysis.
American National Bankshares Moving Average:
Moving averages show the AMNB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer AMNB stock price movement for the moving average to change course.
American National Bankshares Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of American National Bankshares stock price relative to previous trades. American National Bankshares bollinger bands show that the stock price is $32.15, upper band is 20.03, lower band is 15.79, and the average is 17.91.
American National Bankshares 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 American National Bankshares MACD indicator is above 0 indicating a bullish trend.
American National Bankshares 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 AMNB stock is 17.33. .