Farmers Capital Bank Technical Analysis (NASDAQ:FFKT)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Farmers Capital Bank stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FFKT stock chart which creates a trading signal.
See Farmers Capital Bank bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Farmers Capital Bank stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Farmers Capital Bank Moving Average:
Moving averages show the FFKT stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). 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 FFKT stock price movement for the moving average to change course.
Farmers Capital Bank 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 FFKT stock. Currently the stock price of $40.4 is in the upper range of Farmers Capital Bank bollinger bands.
Farmers Capital Bank 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 Farmers Capital Bank MACD indicator can be used to identify bullish and bearish trends for the stock.
Farmers Capital Bank 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. 72.7 is the RSI value of FFKT stock. .