BCB Bancorp Technical Analysis (NASDAQ:BCBP)
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 BCB Bancorp stock price data and volume are plotted in BCBP stock charts and these trading charts form the basis of technical analysis.
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 BCB Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking BCB Bancorp stock analysis using these technical indicators helps identify trading opportunities.
BCB Bancorp Moving Average:
BCBP stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of BCB Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 14.43 is below the last closing price of 15.85. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for BCB Bancorp are mostly signals of long term trends and will help long term traders.
BCB Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like BCB Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of BCB Bancorp bollinger bands.
BCB Bancorp 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 BCB Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
BCB Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of BCBP stock is 46.94. .