LCNB Technical Analysis (NASDAQ:LCNB)
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 LCNB stock price movements is formed, the LCNB 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 LCNB. Technical analysis uses an approach for LCNB stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
LCNB Moving Average:
Moving averages help predict the price direction of LCNB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. Moving averages can be used for LCNB trend identification. A rising moving average shows that stock prices are generally increasing.
LCNB Bollinger Bands:
Bollinger bands comprise of a center line usually LCNB SMA, and two LCNB 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. LCNB bollinger bands show that the stock price is $20.7, upper band is 40.49, lower band is 37.95, and the average is 39.22.
LCNB Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The LCNB MACD indicator is below 0 indicating a bearish trend.
LCNB Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of LCNB stock is 66.88. .