First Financial Northwest Technical Analysis (NASDAQ:FFNW)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A FFNW stock chart pattern can give those who understand technical analysis an indication of which way FFNW stock is headed, but cannot predict with 100% certainty as to what can happen to the First Financial Northwest stock price.
See First Financial Northwest bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of First Financial Northwest 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 Financial Northwest Moving Average:
Moving averages show the average price of FFNW stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer FFNW stock price movement for the moving average to change course.
First Financial Northwest Bollinger Bands:
Bollinger bands comprise of a center line usually FFNW SMA, and two FFNW stock price bands above and below it. The stock is considered over brought 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 $16.64 is in the lower range of First Financial Northwest bollinger bands.
First Financial Northwest 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 Northwest MACD indicator can be used to identify bullish and bearish trends for the stock.
First Financial Northwest Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of FFNW stock is 71.33. .