FNB Bancorp Technical Analysis (NASDAQ:FNBG)
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 FNBG stock chart pattern can give those who understand technical analysis an indication of which way FNBG stock is headed, but cannot predict with 100% certainty as to what can happen to the FNB Bancorp stock price.
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 FNB Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking FNB Bancorp stock analysis using these technical indicators helps identify trading opportunities.
FNB Bancorp Moving Average:
Moving averages show the FNBG stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling FNBG moving average implies that FNB Bancorp stock price is falling.
FNB Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like FNB Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of FNB Bancorp bollinger bands.
FNB Bancorp 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 FNB Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
FNB Bancorp 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. The relative strength index of FNBG stock is 90.28. .