FNB Corp Technical Analysis (NYSE:FNB)
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 FNB stock chart pattern can give those who understand technical analysis an indication of which way FNB stock is headed, but cannot predict with 100% certainty as to what can happen to the FNB Corp stock price.
See FNB Corp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking FNB Corp stock analysis using these technical indicators helps identify trading opportunities.
FNB Corp Moving Average:
FNB 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 FNB Corp chart patterns after the calculations remain the same. The 100 day moving average of 15.24 is above the last closing price of 14.54. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FNB Corp are mostly signals of long term trends and will help long term traders.
FNB Corp 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 FNB stock. Currently the stock price of $14.54 is in the upper range of FNB Corp bollinger bands.
FNB Corp 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 FNB Corp MACD indicator can be used to identify bullish and bearish trends for the stock.
FNB Corp Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 26.56 is the RSI value of FNB stock. .