Bridge Bancorp Technical Analysis (NASDAQ:BDGE)
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. The Bridge Bancorp stock price data and volume are plotted in BDGE 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 Bridge 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 Bridge Bancorp stock analysis.
Bridge Bancorp Moving Average:
Moving averages show the average price of BDGE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.9 is below the price of $35.4.
Bridge Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Bridge 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 Bridge Bancorp bollinger bands.
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 RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 54.79 is the RSI value of BDGE stock. .