FIRST HAWAIIAN Technical Analysis (NASDAQ:FHB)
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 FHB stock chart pattern can give those who understand technical analysis an indication of which way FHB stock is headed, but cannot predict with 100% certainty as to what can happen to the FIRST HAWAIIAN stock price.
See FIRST HAWAIIAN bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for FIRST HAWAIIAN stock analysis that does not care for the fair value of a company but uses price and volume data only.
FIRST HAWAIIAN Moving Average
Moving averages show the average price of FHB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FIRST HAWAIIAN are mostly signals of long term trends and will help long term traders.
FIRST HAWAIIAN Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FIRST HAWAIIAN. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $27.53 is in the lower range of FIRST HAWAIIAN bollinger bands.
FIRST HAWAIIAN 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 HAWAIIAN MACD indicator can be used to identify bullish and bearish trends for the stock.
FIRST HAWAIIAN 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 . The relative strength index of FHB stock is 47.03.