Atlantic Capital Bancshares Technical Analysis (NASDAQ:ACBI)
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 Atlantic Capital Bancshares 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 ACBI 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 Atlantic Capital Bancshares. The technical analysis form of Atlantic Capital Bancshares stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Atlantic Capital Bancshares Moving Average
Moving averages show the ACBI stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $20.99 is above the price of $20.8.
Atlantic Capital Bancshares 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 ACBI stock. Atlantic Capital Bancshares bollinger bands show that the stock price is $20.8, upper band is 21.42, lower band is 20.56, and the average is 20.99.
Atlantic Capital Bancshares 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 Atlantic Capital Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
Atlantic Capital Bancshares Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.74 is the RSI value of ACBI stock.