Eagle Bancorp Montana Technical Analysis (NASDAQ:EBMT)
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. A EBMT stock chart pattern can give those who understand technical analysis an indication of which way EBMT stock is headed, but cannot predict with 100% certainty as to what can happen to the Eagle Bancorp Montana stock price.
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 Eagle Bancorp Montana. The technical analysis form of Eagle Bancorp Montana stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Eagle Bancorp Montana Moving Average:
Moving averages help predict the price direction of EBMT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Eagle Bancorp Montana are mostly signals of long term trends and will help long term traders.
Eagle Bancorp Montana Bollinger Bands:
Bollinger bands comprise of a center line usually EBMT SMA, and two EBMT stock price bands above and below it. The stock is considered over brought 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 $18.2 is in the lower range of Eagle Bancorp Montana bollinger bands.
Eagle Bancorp Montana 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 Eagle Bancorp Montana MACD line is above the signal line.
Eagle Bancorp Montana 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 . 39.44 is the RSI value of EBMT stock. .