First Republic Bank Technical Analysis (NYSE:FRC)
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 FRC stock chart pattern can give those who understand technical analysis an indication of which way FRC stock is headed, but cannot predict with 100% certainty as to what can happen to the First Republic Bank stock price.
See First Republic Bank bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for First Republic Bank stock analysis that does not care for the fair value of a company but uses price and volume data only.
First Republic Bank Moving Average
Moving averages show the FRC 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 First Republic Bank are mostly signals of long term trends and will help long term traders.
First Republic Bank Bollinger Bands
Bollinger bands comprise of a center line usually FRC SMA, and two FRC 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. First Republic Bank bollinger bands show that the stock price is $99.99, upper band is 104.61, lower band is 98.3, and the average is 101.45.
First Republic Bank Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The First Republic Bank MACD indicator can be used to identify bullish and bearish trends for the stock.
First Republic Bank Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FRC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.