The First of Long Island Technical Analysis (NASDAQ:FLIC)
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. Just by looking at the The First of Long Island stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FLIC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for The First of Long Island. The technical analysis form of The First of Long Island stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
The First of Long Island Moving Average
Moving averages show the average price of FLIC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $27.97 is below the last closing price of $28.3 and the 50 day moving average of $28.47 is above the last closing price of $28.3. The 10 and 20 day periods can predict short term moving average trends.
The First of Long Island Bollinger Bands
Bollinger bands comprise of a center line usually FLIC SMA, and two FLIC 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 First of Long Island bollinger bands show that the stock price is $28.3, upper band is 28.69, lower band is 27.25, and the average is 27.97.
The First of Long Island 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 The First of Long Island MACD indicator can be used to identify bullish and bearish trends for the stock.
The First of Long Island 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. If the RSI of FLIC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.