First Marblehead Technical Analysis (NYSE:FMD)
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 First Marblehead 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 FMD stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for First Marblehead. 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 Marblehead stock analysis.
First Marblehead Moving Average
Moving averages help predict the price direction of FMD stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $4.98 is below the price of $5.05.
First Marblehead Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like First Marblehead. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. First Marblehead bollinger bands show that the stock price is $5.05, upper band is 5.06, lower band is 4.9, and the average is 4.98.
First Marblehead Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The First Marblehead MACD line is above the signal line.
First Marblehead 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 . 73.44 is the RSI value of FMD stock.