First BanCorp Technical Analysis (NYSE:FBP)
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. A FBP stock chart pattern can give those who understand technical analysis an indication of which way FBP stock is headed, but cannot predict with 100% certainty as to what can happen to the First BanCorp stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for First BanCorp. Technical analysis uses an approach for First BanCorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
First BanCorp Moving Average:
Moving averages show the FBP stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for First BanCorp are mostly signals of long term trends and will help long term traders.
First BanCorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like First BanCorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. First BanCorp bollinger bands show that the stock price is $5.79, upper band is 297.98, lower band is 278.54, and the average is 288.26.
First 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 BanCorp MACD indicator can be used to identify bullish and bearish trends for the stock.
First BanCorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 50 is the RSI value of FBP stock. .