German American Bancorp Technical Analysis (NASDAQ:GABC)
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. A GABC stock chart pattern can give those who understand technical analysis an indication of which way GABC stock is headed, but cannot predict with 100% certainty as to what can happen to the German American Bancorp stock price.
See German American Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of German American Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
German American Bancorp Moving Average:
Moving averages show the GABC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $36.02 is below the price of $38.82.
German American Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually GABC SMA, and two GABC 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. German American Bancorp bollinger bands show that the stock price is $38.82, upper band is 9.96, lower band is 8.7, and the average is 9.33.
German American 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 German American Bancorp MACD line is below the signal line.
German American 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. 54.31 is the RSI value of GABC stock. .