Glacier Bancorp Technical Analysis (NASDAQ:GBCI)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Glacier Bancorp stock price movements is formed, the GBCI stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Glacier Bancorp. The technical analysis form of Glacier 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.
Glacier Bancorp Moving Average:
Moving averages show the average price of GBCI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.77 is below the price of $37.16.
Glacier Bancorp Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the GBCI stock. Glacier Bancorp bollinger bands show that the stock price is $37.16, upper band is 30.8, lower band is 25.05, and the average is 27.93.
Glacier 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 Glacier Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Glacier Bancorp Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of GBCI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .