NewBridge Bancorp Technical Analysis (NASDAQ:NBBC)
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. A NBBC stock chart pattern can give those who understand technical analysis an indication of which way NBBC stock is headed, but cannot predict with 100% certainty as to what can happen to the NewBridge Bancorp stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for NewBridge Bancorp. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of NewBridge Bancorp stock analysis.
NewBridge Bancorp Moving Average:
NBBC stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of NewBridge Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 11.32 is above the last closing price of 10.93. Moving averages can be used for NBBC trend identification. A rising moving average shows that stock prices are generally increasing.
NewBridge 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 NBBC stock. NewBridge Bancorp bollinger bands show that the stock price is $10.93, upper band is 15.26, lower band is 14.37, and the average is 14.81.
NewBridge Bancorp 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 NewBridge Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
NewBridge Bancorp Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 63.1 is the RSI value of NBBC stock. .