Bridge Bancorp Technical Analysis (NASDAQ:BDGE)
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. Just by looking at the Bridge Bancorp 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 BDGE 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 Bridge Bancorp. The technical analysis form of Bridge Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Bridge Bancorp Moving Average
Moving averages help predict the price direction of BDGE 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 Bridge Bancorp are mostly signals of long term trends and will help long term traders.
Bridge Bancorp Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BDGE stock. Bridge Bancorp bollinger bands show that the stock price is $34.35, upper band is 36.3, lower band is 31.77, and the average is 34.03.
Bridge 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 Bridge Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Bridge 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. 44.32 is the RSI value of BDGE stock.