Banc of California Technical Analysis (NYSE:BANC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Banc of California stock price data and volume are plotted in BANC stock charts and these trading charts form the basis of technical analysis.
See Banc of California 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 Banc of California stock analysis.
Banc of California Moving Average:
Moving averages show the average price of BANC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $76.25 is below the price of $16.4.
Banc of California Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BANC stock. Banc of California bollinger bands show that the stock price is $16.4, upper band is 28.07, lower band is 27.16, and the average is 27.62.
Banc of California 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 Banc of California MACD indicator is below 0 indicating a bearish trend.
Banc of California 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. 74.32 is the RSI value of BANC stock. .