Heartland Financial Technical Analysis (NASDAQ:HTLF)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. A HTLF stock chart pattern can give those who understand technical analysis an indication of which way HTLF stock is headed, but cannot predict with 100% certainty as to what can happen to the Heartland Financial stock price.
See Heartland Financial bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Heartland Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Heartland Financial Moving Average:
Moving averages show the average price of HTLF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling HTLF moving average implies that Heartland Financial stock price is falling.
Heartland Financial Bollinger Bands:
Bollinger bands comprise of a center line usually HTLF SMA, and two HTLF 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. Heartland Financial bollinger bands show that the stock price is $47.5, upper band is 20.23, lower band is 18.96, and the average is 19.6.
Heartland Financial Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Heartland Financial MACD line is above the signal line.
Heartland Financial 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. If the RSI of HTLF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .