Bryn Mawr Bank Technical Analysis (NASDAQ:BMTC)
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 Bryn Mawr Bank stock price data and volume are plotted in BMTC 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 Bryn Mawr Bank. 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 Bryn Mawr Bank stock analysis.
Bryn Mawr Bank Moving Average
Moving averages show the average price of BMTC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $47.48 is below the last closing price of $48.25 and the 50 day moving average of $46.24 is below the last closing price of $48.25. The 10 and 20 day periods can predict short term moving average trends.
Bryn Mawr Bank 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 BMTC stock. Bryn Mawr Bank bollinger bands show that the stock price is $48.25, upper band is 48.38, lower band is 46.58, and the average is 47.48.
Bryn Mawr Bank Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Bryn Mawr Bank MACD indicator is below 0 indicating a bearish trend.
Bryn Mawr Bank Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of BMTC stock is 60.98.