Ames National Corp Technical Analysis (NASDAQ:ATLO)
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 Ames National Corp stock price movements is formed, the ATLO stock chart can become a key tool for a technical analyst.
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 Ames National Corp. The technical analysis form of Ames National Corp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ames National Corp Moving Average:
Moving averages help predict the price direction of ATLO stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. 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 ATLO stock price movement for the moving average to change course.
Ames National Corp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Ames National Corp. 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 upper band in the context of Ames National Corp bollinger bands.
Ames National Corp 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 Ames National Corp MACD indicator is above 0 indicating a bullish trend.
Ames National Corp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of ATLO stock is 38.8. .