PacWest Bancorp Technical Analysis (NASDAQ:PACW)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A PACW stock chart pattern can give those who understand technical analysis an indication of which way PACW stock is headed, but cannot predict with 100% certainty as to what can happen to the PacWest Bancorp stock price.
See PacWest Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for PacWest Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
PacWest Bancorp Moving Average:
Moving averages show the PACW stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.27 is below the price of $53.15.
PacWest Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually PACW SMA, and two PACW 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. PacWest Bancorp bollinger bands show that the stock price is $53.15, upper band is 10.81, lower band is 9.01, and the average is 9.91.
PacWest 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 PacWest Bancorp MACD line is below the signal line.
PacWest 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. 92.58 is the RSI value of PACW stock. .