Hampden Bancorp Technical Analysis (NASDAQ:HBNK)
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 Hampden Bancorp stock price movements is formed, the HBNK 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 Hampden Bancorp. Technical analysis uses an approach for Hampden Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Hampden Bancorp Moving Average:
Moving averages help predict the price direction of HBNK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Hampden Bancorp are mostly signals of long term trends and will help long term traders.
Hampden Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually HBNK SMA, and two HBNK 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. Hampden Bancorp bollinger bands show that the stock price is $22.21, upper band is 11.77, lower band is 11.32, and the average is 11.54.
Hampden 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 Hampden Bancorp MACD indicator is below 0 indicating a bearish trend.
Hampden 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. If the RSI of HBNK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .