Sussex Bancorp Technical Analysis (NASDAQ:SBBX)
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. When a chart pattern that can predict future Sussex Bancorp stock price movements is formed, the SBBX stock chart can become a key tool for a technical analyst.
See Sussex Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Sussex Bancorp stock analysis using these technical indicators helps identify trading opportunities.
Sussex Bancorp Moving Average:
Moving averages show the average price of SBBX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $74.17 is below the price of $23.7.
Sussex Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Sussex Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $23.7 is in the upper range of Sussex Bancorp bollinger bands.
Sussex Bancorp 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 Sussex Bancorp MACD indicator is below 0 indicating a bearish trend.
Sussex Bancorp Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 47.78 is the RSI value of SBBX stock. .