Sierra Bancorp Technical Analysis (NASDAQ:BSRR)
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 Sierra Bancorp stock price data and volume are plotted in BSRR stock charts and these trading charts form the basis of technical analysis.
See Sierra Bancorp 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 Sierra Bancorp stock analysis.
Sierra Bancorp Moving Average
Moving averages show the BSRR 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 $30.06 is above the price of $29.91.
Sierra Bancorp 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 BSRR stock. The stock price is trading between the average and the lower band in the context of Sierra Bancorp bollinger bands.
Sierra 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 Sierra Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Sierra Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of BSRR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.