Franklin Financial Network Technical Analysis (NYSE:FSB)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. When a chart pattern that can predict future Franklin Financial Network stock price movements is formed, the FSB stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Franklin Financial Network. Technical analysis uses an approach for Franklin Financial Network stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Franklin Financial Network Moving Average:
Moving averages show the FSB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $33.5 is below the last closing price of $40.25 and the 50 day moving average of $31.91 is below the $40.25 price. The 10 and 20 day periods can predict short term moving average trends.
Franklin Financial Network Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Franklin Financial Network. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Franklin Financial Network bollinger bands show that the stock price is $40.25, upper band is 40.22, lower band is 33.54, and the average is 36.88.
Franklin Financial Network 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 Franklin Financial Network MACD line is below the signal line.
Franklin Financial Network 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 FSB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .