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. A 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.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for First Republic Bank. 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:
FRC stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of First Republic Bank chart patterns after the calculations remain the same. The 100 day moving average of 95.45 is below the last closing price of 99.82. The 20 day moving average of $101.05 is above the last closing price of $99.82 and the 50 day moving average of $97.65 is below the $99.82 price. The 10 and 20 day periods can predict short term moving average trends.
First Republic Bank Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of First Republic Bank stock price relative to previous trades. First Republic Bank bollinger bands show that the stock price is $99.82, upper band is 30.59, lower band is 26.91, and the average is 28.75.
First Republic Bank 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 Republic Bank MACD indicator can be used to identify bullish and bearish trends for the stock.
First Republic Bank 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. 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. .