Financial Institutions Technical Analysis (NASDAQ:FISI)
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. The Financial Institutions stock price data and volume are plotted in FISI stock charts and these trading charts form the basis of technical analysis.
See Financial Institutions 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 Financial Institutions stock analysis.
Financial Institutions Moving Average:
FISI 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 Financial Institutions chart patterns after the calculations remain the same. The 100 day moving average of 19.81 is below the last closing price of 34.85. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $19.8 is below the price of $34.85.
Financial Institutions 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 FISI stock. Currently the stock price of $34.85 is in the upper range of Financial Institutions bollinger bands.
Financial Institutions 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 Financial Institutions MACD indicator is below 0 indicating a bearish trend.
Financial Institutions Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 74.6 is the RSI value of FISI stock. .