FS Bancorp Technical Analysis (NASDAQ:FSBW)
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. Just by looking at the FS Bancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FSBW stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for FS Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking FS Bancorp stock analysis using these technical indicators helps identify trading opportunities.
FS Bancorp Moving Average:
FSBW 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 FS Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 9.57 is below the last closing price of 28.31. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer FSBW stock price movement for the moving average to change course.
FS Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like FS Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. FS Bancorp bollinger bands show that the stock price is $28.31, upper band is 33.86, lower band is 29.92, and the average is 31.89.
FS 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 FS Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
FS Bancorp 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 . The relative strength index of FSBW stock is 66.91. .