State Investors Bancorp Technical Analysis (NASDAQ:SIBC)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the State Investors 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 SIBC stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for State Investors Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking State Investors Bancorp stock analysis using these technical indicators helps identify trading opportunities.
State Investors Bancorp Moving Average:
Moving averages help predict the price direction of SIBC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. 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 SIBC stock price movement for the moving average to change course.
State Investors Bancorp 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 SIBC stock. Currently the stock price of $21.4 is in the lower range of State Investors Bancorp bollinger bands.
State Investors 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 State Investors Bancorp MACD line is below the signal line.
State Investors 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 SIBC stock is 83.78. .