First Financial Service Technical Analysis (NASDAQ:FFKY)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The First Financial Service stock price data and volume are plotted in FFKY stock charts and these trading charts form the basis of technical analysis.
See First Financial Service bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of First Financial Service stock analysis.
First Financial Service Moving Average
Moving averages show the FFKY 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $3.78 is below the price of $3.9.
First Financial Service 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 FFKY stock. First Financial Service bollinger bands show that the stock price is $3.9, upper band is 4.06, lower band is 3.51, and the average is 3.78.
First Financial Service 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 Financial Service MACD line is above the signal line.
First Financial Service Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FFKY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.