Regions Financial Technical Analysis (NYSE:RF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A RF stock chart pattern can give those who understand technical analysis an indication of which way RF stock is headed, but cannot predict with 100% certainty as to what can happen to the Regions Financial stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Regions Financial. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Regions Financial stock analysis using these technical indicators helps identify trading opportunities.
Regions Financial Moving Average:
Moving averages show the average price of RF 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 RF trend identification. A rising moving average shows that stock prices are generally increasing.
Regions Financial Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Regions Financial stock price relative to previous trades. Currently the stock price of $10.84 is in the upper range of Regions Financial bollinger bands.
Regions Financial 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 Regions Financial MACD line is below the signal line.
Regions Financial Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of RF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .