First South Bancorp Technical Analysis (NASDAQ:FSBK)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The First South Bancorp stock price data and volume are plotted in FSBK stock charts and these trading charts form the basis of technical analysis.
See First South Bancorp 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 First South Bancorp stock analysis.
First South Bancorp Moving Average:
FSBK 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 First South Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 35.62 is below the last closing price of 9.65. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for First South Bancorp are mostly signals of long term trends and will help long term traders.
First South Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually FSBK SMA, and two FSBK stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $9.65 is in the lower range of First South Bancorp bollinger bands.
First South Bancorp Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The First South Bancorp MACD line is above the signal line.
First South 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. The relative strength index of FSBK stock is 40.79. .