Sierra Bancorp Technical Analysis (NASDAQ:BSRR)
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. Just by looking at the Sierra Bancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the BSRR stock chart which creates a trading signal.
See Sierra Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Sierra 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.
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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Sierra Bancorp are mostly signals of long term trends and will help long term traders.
Sierra Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually BSRR SMA, and two BSRR 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 $26.64 is in the lower range 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 is below 0 indicating a bearish trend.
Sierra 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 . 41.95 is the RSI value of BSRR stock.