Fulton Financial Technical Analysis (NASDAQ:FULT)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. When a chart pattern that can predict future Fulton Financial stock price movements is formed, the FULT stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Fulton Financial. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Fulton Financial stock analysis using these technical indicators helps identify trading opportunities.
Fulton Financial Moving Average:
Moving averages show the average price of FULT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $39.32 is below the last closing price of $18.55 and the 50 day moving average of $39.42 is below the $18.55 price. The 10 and 20 day periods can predict short term moving average trends.
Fulton Financial Bollinger Bands:
Bollinger bands comprise of a center line usually FULT SMA, and two FULT 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 $18.55 is in the lower range of Fulton Financial bollinger bands.
Fulton Financial 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 Fulton Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Fulton Financial Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 62.68 is the RSI value of FULT stock. .