First Defiance Financial Technical Analysis (NASDAQ:FDEF)
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 FDEF stock chart pattern can give those who understand technical analysis an indication of which way FDEF stock is headed, but cannot predict with 100% certainty as to what can happen to the First Defiance Financial stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for First Defiance Financial. The technical analysis form of First Defiance Financial 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 Defiance Financial Moving Average
Moving averages show the FDEF 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 20 day moving average of $32.36 is above the last closing price of $31.69 and the 50 day moving average of $32.42 is above the last closing price of $31.69. The 10 and 20 day periods can predict short term moving average trends.
First Defiance Financial Bollinger Bands
Bollinger bands comprise of a center line usually FDEF SMA, and two FDEF stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $31.69 is in the lower range of First Defiance Financial bollinger bands.
First Defiance Financial 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 First Defiance Financial MACD line is below the signal line.
First Defiance Financial 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 FDEF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.