Your Community Bankshares Technical Analysis (NASDAQ:YCB)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Your Community Bankshares 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 YCB stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Your Community Bankshares. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Your Community Bankshares stock analysis using these technical indicators helps identify trading opportunities.
Your Community Bankshares Moving Average:
Moving averages help predict the price direction of YCB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A rise in trend over the long term indicates a long term uptrend. Similarly a falling YCB moving average implies that Your Community Bankshares stock price is falling.
Your Community Bankshares 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 YCB stock. Your Community Bankshares bollinger bands show that the stock price is $39.37, upper band is 28.07, lower band is 27.16, and the average is 27.62.
Your Community Bankshares 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 Your Community Bankshares MACD indicator can be used to identify bullish and bearish trends for the stock.
Your Community Bankshares Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 74.32 is the RSI value of YCB stock. .