1st Constitution Bancorp Technical Analysis (NASDAQ:FCCY)
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 1st Constitution 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 FCCY stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for 1st Constitution Bancorp. The technical analysis form of 1st Constitution 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.
1st Constitution Bancorp Moving Average
Moving averages show the FCCY stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for 1st Constitution Bancorp are mostly signals of long term trends and will help long term traders.
1st Constitution 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 FCCY stock. Currently the stock price of $22.15 is in the upper range of 1st Constitution Bancorp bollinger bands.
1st Constitution Bancorp Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The 1st Constitution Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
1st Constitution 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 . If the RSI of FCCY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.