American River Technical Analysis (NASDAQ:AMRB)
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. Just by looking at the American River 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 AMRB 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 American River. The technical analysis form of American River stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
American River Moving Average
Moving averages show the AMRB 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. The 20 day moving average of $15.46 is below the last closing price of $15.7 and the 50 day moving average of $15.39 is below the last closing price of $15.7. The 10 and 20 day periods can predict short term moving average trends.
American River Bollinger Bands
Bollinger bands comprise of a center line usually AMRB SMA, and two AMRB 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. Currently the stock price of $15.7 is in the upper range of American River bollinger bands.
American River Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The American River MACD indicator can be used to identify bullish and bearish trends for the stock.
American River Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 50 is the RSI value of AMRB stock.