Bear State Financial Technical Analysis (NASDAQ:BSF)
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 BSF stock chart pattern can give those who understand technical analysis an indication of which way BSF stock is headed, but cannot predict with 100% certainty as to what can happen to the Bear State Financial stock price.
See Bear State Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Bear State Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
Bear State Financial Moving Average
Moving averages show the BSF 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $10.28 is below the price of $10.32.
Bear State Financial Bollinger Bands
Bollinger bands comprise of a center line usually BSF SMA, and two BSF 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. Currently the stock price of $10.32 is in the upper range of Bear State Financial bollinger bands.
Bear State Financial 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 Bear State Financial MACD line is below the signal line.
Bear State Financial Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of BSF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.