Financial Institutions Technical Analysis (NASDAQ:FISI)
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 Financial Institutions stock price data and volume are plotted in FISI stock charts and these trading charts form the basis of technical analysis.
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 Financial Institutions. Technical analysis uses an approach for Financial Institutions stock analysis that does not care for the fair value of a company but uses price and volume data only.
Financial Institutions Moving Average
Moving averages show the FISI 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 $33.09 is below the last closing price of $34.05 and the 50 day moving average of $32.26 is below the last closing price of $34.05. The 10 and 20 day periods can predict short term moving average trends.
Financial Institutions Bollinger Bands
Bollinger bands comprise of a center line usually FISI SMA, and two FISI 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. The stock price is trading between the average and the upper band in the context of Financial Institutions bollinger bands.
Financial Institutions 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 Financial Institutions MACD line is below the signal line.
Financial Institutions 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. 66.67 is the RSI value of FISI stock.