Bay Bancorp Technical Analysis (NASDAQ:BYBK)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Bay Bancorp stock price movements is formed, the BYBK stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Bay Bancorp. The technical analysis form of Bay 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.
Bay Bancorp Moving Average:
BYBK stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Bay Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 7.41 is below the last closing price of 7.9. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Bay Bancorp are mostly signals of long term trends and will help long term traders.
Bay Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Bay Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Bay Bancorp bollinger bands show that the stock price is $7.9, upper band is 17.11, lower band is 15.29, and the average is 16.2.
Bay Bancorp Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Bay Bancorp MACD line is below the signal line.
Bay Bancorp 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. The relative strength index of BYBK stock is 42.72. .