Valley Financial Technical Analysis (NASDAQ:VYFC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Valley Financial stock price data and volume are plotted in VYFC stock charts and these trading charts form the basis of technical analysis.
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 Valley Financial. The technical analysis form of Valley Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Valley Financial Moving Average:
VYFC stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Valley Financial chart patterns after the calculations remain the same. The 100 day moving average of 21.98 is below the last closing price of 21.36. 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 VYFC stock price movement for the moving average to change course.
Valley Financial 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 VYFC stock. The stock price is trading between the average and the upper band in the context of Valley Financial bollinger bands.
Valley Financial 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 Valley Financial MACD line is below the signal line.
Valley Financial Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 41.39 is the RSI value of VYFC stock. .