FIRST NW BANCRP Technical Analysis (NASDAQ:FNWB)
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 NW BANCRP 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 FNWB stock chart which creates a trading signal.
See FIRST NW BANCRP bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of FIRST NW BANCRP stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FIRST NW BANCRP Moving Average
Moving averages help predict the price direction of FNWB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FIRST NW BANCRP are mostly signals of long term trends and will help long term traders.
FIRST NW BANCRP Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FNWB stock. FIRST NW BANCRP bollinger bands show that the stock price is $16.02, upper band is 17.24, lower band is 15.76, and the average is 16.5.
FIRST NW BANCRP 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 NW BANCRP MACD indicator can be used to identify bullish and bearish trends for the stock.
FIRST NW BANCRP Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 32.37 is the RSI value of FNWB stock.