First Capital Bancorp Technical Analysis (NASDAQ:FCVA)
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 FCVA stock chart pattern can give those who understand technical analysis an indication of which way FCVA stock is headed, but cannot predict with 100% certainty as to what can happen to the First Capital Bancorp stock price.
See First Capital Bancorp 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 First Capital Bancorp stock analysis.
First Capital Bancorp Moving Average:
FCVA stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of First Capital Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 5.19 is below the last closing price of 5.56. Moving averages can be used for FCVA trend identification. A rising moving average shows that stock prices are generally increasing.
First Capital Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like First Capital Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. First Capital Bancorp bollinger bands show that the stock price is $5.56, upper band is 18.2, lower band is 16.32, and the average is 17.26.
First Capital Bancorp Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The First Capital Bancorp MACD indicator is below 0 indicating a bearish trend.
First Capital Bancorp Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 39.02 is the RSI value of FCVA stock. .