Old Line Bancshares Technical Analysis (NASDAQ:OLBK)
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. A OLBK stock chart pattern can give those who understand technical analysis an indication of which way OLBK stock is headed, but cannot predict with 100% certainty as to what can happen to the Old Line Bancshares stock price.
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 Old Line Bancshares. Technical analysis uses an approach for Old Line Bancshares stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Old Line Bancshares Moving Average:
Moving averages help predict the price direction of OLBK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. 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 OLBK stock price movement for the moving average to change course.
Old Line Bancshares 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 OLBK stock. The stock price is trading between the average and the lower band in the context of Old Line Bancshares bollinger bands.
Old Line Bancshares 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 Old Line Bancshares MACD indicator is below 0 indicating a bearish trend.
Old Line Bancshares 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 OLBK stock is 47.9. .