Dime Community Technical Analysis (NASDAQ:DCOM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Dime Community stock price data and volume are plotted in DCOM 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 Dime Community. The technical analysis form of Dime Community stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Dime Community Moving Average
Moving averages show the average price of DCOM 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 $18.57 is below the last closing price of $18.85 and the 50 day moving average of $18.59 is below the last closing price of $18.85. The 10 and 20 day periods can predict short term moving average trends.
Dime Community Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Dime Community. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Dime Community bollinger bands show that the stock price is $18.85, upper band is 19.06, lower band is 18.07, and the average is 18.57.
Dime Community Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Dime Community MACD line is above the signal line.
Dime Community 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 . If the RSI of DCOM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.