Bank of Hawaii Technical Analysis (NYSE:BOH)
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 Bank of Hawaii stock price data and volume are plotted in BOH stock charts and these trading charts form the basis of technical analysis.
See Bank of Hawaii bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Hawaii stock analysis.
Bank of Hawaii Moving Average
Moving averages show the average price of BOH 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 $83.79 is below the last closing price of $85.13 and the 50 day moving average of $85.21 is above the last closing price of $85.13. The 10 and 20 day periods can predict short term moving average trends.
Bank of Hawaii 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 BOH stock. Bank of Hawaii bollinger bands show that the stock price is $85.13, upper band is 87.49, lower band is 80.08, and the average is 83.79.
Bank of Hawaii 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 Hawaii MACD line is below the signal line.
Bank of Hawaii 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 BOH stock is 50.22.