Meta Financial Technical Analysis (NASDAQ:CASH)
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 Meta Financial stock price data and volume are plotted in CASH stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Meta Financial. 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 Meta Financial stock analysis.
Meta Financial Moving Average
Moving averages show the average price of CASH stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $111.65 is below the last closing price of $114.75 and the 50 day moving average of $111.32 is below the last closing price of $114.75. The 10 and 20 day periods can predict short term moving average trends.
Meta Financial Bollinger Bands
Bollinger bands comprise of a center line usually CASH SMA, and two CASH 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. The stock price is trading between the average and the upper band in the context of Meta Financial bollinger bands.
Meta 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 Meta Financial MACD indicator is below 0 indicating a bearish trend.
Meta 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. 69.79 is the RSI value of CASH stock.