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.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for BCB Bancorp. 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 BCB Bancorp stock analysis.
BCB Bancorp Moving Average
Moving averages help predict the price direction of BCBP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.41 is above the price of $14.85.
BCB Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually BCBP SMA, and two BCBP 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. 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 is below 0 indicating a bearish trend.
BCB Bancorp Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of BCBP stock is 31.11.