First Business Financial Technical Analysis (NASDAQ:FBIZ)
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 Business Financial stock price data and volume are plotted in FBIZ 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 Business Financial. Technical analysis uses an approach for First Business Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
First Business Financial Moving Average
Moving averages help predict the price direction of FBIZ 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 First Business Financial are mostly signals of long term trends and will help long term traders.
First Business Financial 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 FBIZ stock. First Business Financial bollinger bands show that the stock price is $22.6, upper band is 22.94, lower band is 21.76, and the average is 22.35.
First Business Financial 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 Business Financial MACD indicator is below 0 indicating a bearish trend.
First Business 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. The relative strength index of FBIZ stock is 62.42.