Auburn National Technical Analysis (NASDAQ:AUBN)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A AUBN stock chart pattern can give those who understand technical analysis an indication of which way AUBN stock is headed, but cannot predict with 100% certainty as to what can happen to the Auburn National 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 Auburn National. Technical analysis uses an approach for Auburn National stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Auburn National Moving Average:
Moving averages show the AUBN stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for AUBN trend identification. A rising moving average shows that stock prices are generally increasing.
Auburn National Bollinger Bands:
Bollinger bands comprise of a center line usually AUBN SMA, and two AUBN stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $27.87 is in the lower range of Auburn National bollinger bands.
Auburn National Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Auburn National MACD indicator can be used to identify bullish and bearish trends for the stock.
Auburn National Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 68.04 is the RSI value of AUBN stock. .