First Bancorp Technical Analysis (NASDAQ:FNLC)
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 First Bancorp stock price data and volume are plotted in FNLC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for First Bancorp. Technical analysis uses an approach for First Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
First Bancorp Moving Average:
Moving averages show the FNLC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for First Bancorp are mostly signals of long term trends and will help long term traders.
First Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like First Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. First Bancorp bollinger bands show that the stock price is $31.16, upper band is 11.24, lower band is 10.22, and the average is 10.73.
First Bancorp 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 First Bancorp MACD line is above the signal line.
First Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. If the RSI of FNLC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .