IF Bancorp Technical Analysis (NASDAQ:IROQ)
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. The IF Bancorp stock price data and volume are plotted in IROQ stock charts and these trading charts form the basis of technical analysis.
See IF Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for IF Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
IF Bancorp Moving Average:
Moving averages show the average price of IROQ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $20.07 is above the last closing price of $19.8 and the 50 day moving average of $19.73 is below the $19.8 price. The 10 and 20 day periods can predict short term moving average trends.
IF 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 IROQ stock. IF Bancorp bollinger bands show that the stock price is $19.8, upper band is 11.93, lower band is 11, and the average is 11.47.
IF Bancorp 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 IF Bancorp MACD line is below the signal line.
IF Bancorp Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 27.64 is the RSI value of IROQ stock. .