Enterprise Financial Services Technical Analysis (NASDAQ:EFSC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Enterprise Financial Services stock price data and volume are plotted in EFSC stock charts and these trading charts form the basis of technical analysis.
See Enterprise Financial Services bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Enterprise Financial Services stock analysis that does not care for the fair value of a company but uses price and volume data only.
Enterprise Financial Services Moving Average
Moving averages help predict the price direction of EFSC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $47.56 is below the price of $49.75.
Enterprise Financial Services Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Enterprise Financial Services. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Enterprise Financial Services bollinger bands show that the stock price is $49.75, upper band is 49.09, lower band is 46.02, and the average is 47.56.
Enterprise Financial Services 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 Enterprise Financial Services MACD indicator can be used to identify bullish and bearish trends for the stock.
Enterprise Financial Services 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. 67.15 is the RSI value of EFSC stock.