Salisbury Bancorp Technical Analysis (NASDAQ:SAL)
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. Just by looking at the Salisbury Bancorp 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 SAL stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Salisbury Bancorp. Technical analysis uses an approach for Salisbury Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Salisbury Bancorp Moving Average:
Moving averages show the average price of SAL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 SAL stock price movement for the moving average to change course.
Salisbury Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually SAL SMA, and two SAL 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 Salisbury Bancorp bollinger bands.
Salisbury 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 Salisbury Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Salisbury 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. The relative strength index of SAL stock is 47.78. .