Beneficial Bancorp Technical Analysis (NASDAQ:BNCL)
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 BNCL stock chart pattern can give those who understand technical analysis an indication of which way BNCL stock is headed, but cannot predict with 100% certainty as to what can happen to the Beneficial Bancorp stock price.
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 Beneficial 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 Beneficial Bancorp stock analysis.
Beneficial Bancorp Moving Average
Moving averages help predict the price direction of BNCL 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 Beneficial Bancorp are mostly signals of long term trends and will help long term traders.
Beneficial Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Beneficial Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Beneficial Bancorp bollinger bands show that the stock price is $15.55, upper band is 16.4, lower band is 14.68, and the average is 15.54.
Beneficial 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 Beneficial Bancorp MACD line is above the signal line.
Beneficial Bancorp 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 . 50 is the RSI value of BNCL stock.