Republic First Bancorp Technical Analysis (NASDAQ:FRBK)
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. The Republic First Bancorp stock price data and volume are plotted in FRBK stock charts and these trading charts form the basis of technical analysis.
See Republic First Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Republic First Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Republic First Bancorp Moving Average
Moving averages show the FRBK 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Republic First Bancorp are mostly signals of long term trends and will help long term traders.
Republic First Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually FRBK SMA, and two FRBK 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. Currently the stock price of $8.25 is in the lower range of Republic First Bancorp bollinger bands.
Republic First 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 Republic First Bancorp MACD indicator is below 0 indicating a bearish trend.
Republic First Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FRBK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.