First Acceptance Technical Analysis (NYSE:FAC)
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 First Acceptance stock price data and volume are plotted in FAC 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 First Acceptance. 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 First Acceptance stock analysis.
First Acceptance Moving Average
Moving averages help predict the price direction of FAC 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 $1.04 is above the price of $0.85.
First Acceptance Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FAC stock. First Acceptance bollinger bands show that the stock price is $0.85, upper band is 1.15, lower band is 0.94, and the average is 1.04.
First Acceptance 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 First Acceptance MACD indicator is above 0 indicating a bullish trend.
First Acceptance 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 . The relative strength index of FAC stock is 29.68.