Lakeland Bancorp Technical Analysis (NASDAQ:LBAI)
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. When a chart pattern that can predict future Lakeland Bancorp stock price movements is formed, the LBAI 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 Lakeland Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Lakeland Bancorp stock analysis using these technical indicators helps identify trading opportunities.
Lakeland Bancorp Moving Average:
Moving averages show the average price of LBAI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer LBAI stock price movement for the moving average to change course.
Lakeland Bancorp Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Lakeland Bancorp stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Lakeland Bancorp bollinger bands.
Lakeland 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 Lakeland Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Lakeland 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. The relative strength index of LBAI stock is 27.54. .