Green Bancorp Technical Analysis (NASDAQ:GNBC)
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. The Green Bancorp stock price data and volume are plotted in GNBC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Green Bancorp. Technical analysis uses an approach for Green Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Green Bancorp Moving Average:
Moving averages show the average price of GNBC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for GNBC trend identification. A rising moving average shows that stock prices are generally increasing.
Green 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 GNBC stock. Currently the stock price of $13.5 is in the upper range of Green Bancorp bollinger bands.
Green Bancorp Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Green Bancorp MACD line is above the signal line.
Green Bancorp Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of GNBC stock is 36. .