Astoria Financial Technical Analysis (NYSE:AF)
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. The AF stock chart pattern can give those who understand technical analysis an indication of which way AF stock is headed, but cannot predict with 100% certainty as to what can happen to the Astoria Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Astoria Financial. The technical analysis form of Astoria 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.
Astoria Financial Moving Average
Moving averages help predict the price direction of AF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Astoria Financial are mostly signals of long term trends and will help long term traders.
Astoria Financial Bollinger Bands
Bollinger bands comprise of a center line usually AF SMA, and two AF stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Astoria Financial bollinger bands show that the stock price is $21.5, upper band is 21.96, lower band is 18.2, and the average is 20.08.
Astoria Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Astoria Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Astoria Financial Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of AF stock is 91.64.