1st Source Technical Analysis (NASDAQ:SRCE)
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 1st Source 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 SRCE stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for 1st Source. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking 1st Source stock analysis using these technical indicators helps identify trading opportunities.
1st Source Moving Average:
Moving averages show the SRCE stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for SRCE trend identification. A rising moving average shows that stock prices are generally increasing.
1st Source Bollinger Bands:
Bollinger bands comprise of a center line usually SRCE SMA, and two SRCE 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 lower band in the context of 1st Source bollinger bands.
1st Source 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 1st Source MACD line is below the signal line.
1st Source Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 48.1 is the RSI value of SRCE stock. .