Bank of Marin Technical Analysis (NASDAQ:BMRC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The BMRC stock chart pattern can give those who understand technical analysis an indication of which way BMRC stock is headed, but cannot predict with 100% certainty as to what can happen to the Bank of Marin stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Bank of Marin. 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 Bank of Marin stock analysis.
Bank of Marin Moving Average
Moving averages show the BMRC 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Bank of Marin are mostly signals of long term trends and will help long term traders.
Bank of Marin Bollinger Bands
Bollinger bands comprise of a center line usually BMRC SMA, and two BMRC 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. Bank of Marin bollinger bands show that the stock price is $68.5, upper band is 70.33, lower band is 65.5, and the average is 67.91.
Bank of Marin 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 Bank of Marin MACD indicator is below 0 indicating a bearish trend.
Bank of Marin Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 49.62 is the RSI value of BMRC stock.