PrivateBancorp Technical Analysis (NASDAQ:PVTB)
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. Just by looking at the PrivateBancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the PVTB stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for PrivateBancorp. The technical analysis form of PrivateBancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
PrivateBancorp Moving Average:
Moving averages show the average price of PVTB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for PVTB trend identification. A rising moving average shows that stock prices are generally increasing.
PrivateBancorp 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 PVTB stock. The stock price is trading between the average and the upper band in the context of PrivateBancorp bollinger bands.
PrivateBancorp 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 PrivateBancorp MACD line is above the signal line.
PrivateBancorp 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. 82.4 is the RSI value of PVTB stock. .