DNB Financial Technical Analysis (NASDAQ:DNBF)
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. A DNBF stock chart pattern can give those who understand technical analysis an indication of which way DNBF stock is headed, but cannot predict with 100% certainty as to what can happen to the DNB Financial stock price.
See DNB Financial bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for DNB Financial stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
DNB Financial Moving Average:
Moving averages show the average price of DNBF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling DNBF moving average implies that DNB Financial stock price is falling.
DNB Financial Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like DNB Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $25.9 is in the lower range of DNB Financial bollinger bands.
DNB Financial 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 DNB Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
DNB Financial 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. The relative strength index of DNBF stock is 53.42. .