Cordia Bancorp Technical Analysis (NASDAQ:BVA)
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. The BVA stock chart pattern can give those who understand technical analysis an indication of which way BVA stock is headed, but cannot predict with 100% certainty as to what can happen to the Cordia Bancorp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Cordia Bancorp. The technical analysis form of Cordia 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.
Cordia Bancorp Moving Average
Moving averages show the BVA 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 20 day moving average of $5.13 is below the last closing price of $5.15 and the 50 day moving average of $5.09 is below the last closing price of $5.15. The 10 and 20 day periods can predict short term moving average trends.
Cordia 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 BVA stock. Cordia Bancorp bollinger bands show that the stock price is $5.15, upper band is 5.19, lower band is 5.06, and the average is 5.13.
Cordia 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 Cordia Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Cordia 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 . 60 is the RSI value of BVA stock.