BNC Bancorp Technical Analysis (NASDAQ:BNCN)
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 BNC Bancorp stock price data and volume are plotted in BNCN 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 BNC Bancorp. The technical analysis form of BNC 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.
BNC Bancorp Moving Average:
Moving averages help predict the price direction of BNCN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.42 is below the price of $34.55.
BNC Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually BNCN SMA, and two BNCN stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. BNC Bancorp bollinger bands show that the stock price is $34.55, upper band is 14.14, lower band is 12.51, and the average is 13.33.
BNC 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 BNC Bancorp MACD indicator is below 0 indicating a bearish trend.
BNC Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 52.6 is the RSI value of BNCN stock. .