StoneCastle Financial Technical Analysis (NASDAQ:BANX)
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 BANX stock chart pattern can give those who understand technical analysis an indication of which way BANX stock is headed, but cannot predict with 100% certainty as to what can happen to the StoneCastle Financial stock price.
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 StoneCastle Financial. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of StoneCastle Financial stock analysis.
StoneCastle Financial Moving Average
Moving averages show the BANX 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 $22.09 is below the last closing price of $23.15 and the 50 day moving average of $21.82 is below the last closing price of $23.15. The 10 and 20 day periods can predict short term moving average trends.
StoneCastle Financial Bollinger Bands
Bollinger bands comprise of a center line usually BANX SMA, and two BANX 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. StoneCastle Financial bollinger bands show that the stock price is $23.15, upper band is 22.66, lower band is 21.51, and the average is 22.09.
StoneCastle 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 StoneCastle Financial MACD indicator is below 0 indicating a bearish trend.
StoneCastle 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 BANX stock is 83.15.