1st Century Bancshares Technical Analysis (NASDAQ:FCTY)
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. The FCTY stock chart pattern can give those who understand technical analysis an indication of which way FCTY stock is headed, but cannot predict with 100% certainty as to what can happen to the 1st Century Bancshares stock price.
See 1st Century Bancshares bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of 1st Century Bancshares 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 Century Bancshares Moving Average
Moving averages help predict the price direction of FCTY 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 1st Century Bancshares are mostly signals of long term trends and will help long term traders.
1st Century Bancshares Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like 1st Century Bancshares. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. 1st Century Bancshares bollinger bands show that the stock price is $11.22, upper band is 11.28, lower band is 11.15, and the average is 11.21.
1st Century Bancshares 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 1st Century Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
1st Century Bancshares 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. If the RSI of FCTY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.