OmniAmerican Bancorp Technical Analysis (NASDAQ:OABC)
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. The OmniAmerican Bancorp stock price data and volume are plotted in OABC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for OmniAmerican 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 OmniAmerican Bancorp stock analysis.
OmniAmerican Bancorp Moving Average:
OABC 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 OmniAmerican Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 15.51 is below the last closing price of 26.17. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for OmniAmerican Bancorp are mostly signals of long term trends and will help long term traders.
OmniAmerican Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually OABC SMA, and two OABC 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. The stock price is trading between the average and the upper band in the context of OmniAmerican Bancorp bollinger bands.
OmniAmerican 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 OmniAmerican Bancorp MACD indicator is below 0 indicating a bearish trend.
OmniAmerican 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 . 66.54 is the RSI value of OABC stock. .