First Connecticut Bancorp Technical Analysis (NASDAQ:FBNK)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the First Connecticut Bancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FBNK stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for First Connecticut Bancorp. The technical analysis form of First Connecticut Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
First Connecticut Bancorp Moving Average
Moving averages show the average price of FBNK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.48 is above the price of $24.9.
First Connecticut Bancorp 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 FBNK stock. The stock price is trading between the average and the lower band in the context of First Connecticut Bancorp bollinger bands.
First Connecticut Bancorp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The First Connecticut Bancorp MACD indicator is below 0 indicating a bearish trend.
First Connecticut Bancorp 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 . 42.31 is the RSI value of FBNK stock.