FRP Holdings Technical Analysis (NASDAQ:FRPH)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The FRPH stock chart pattern can give those who understand technical analysis an indication of which way FRPH stock is headed, but cannot predict with 100% certainty as to what can happen to the FRP Holdings stock price.
See FRP Holdings bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of FRP Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FRP Holdings Moving Average
Moving averages show the FRPH 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 20 day moving average of $53 is below the last closing price of $56.7 and the 50 day moving average of $49.4 is below the last closing price of $56.7. The 10 and 20 day periods can predict short term moving average trends.
FRP Holdings Bollinger Bands
Bollinger bands comprise of a center line usually FRPH SMA, and two FRPH 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. The stock price is trading between the average and the upper band in the context of FRP Holdings bollinger bands.
FRP Holdings 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 FRP Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
FRP Holdings Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of FRPH stock is 79.1.