FSB Bancorp Technical Analysis (NASDAQ:FSBC)
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 FSB Bancorp stock price data and volume are plotted in FSBC stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for FSB Bancorp. The technical analysis form of FSB 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.
FSB Bancorp Moving Average
Moving averages help predict the price direction of FSBC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $17.5 is below the last closing price of $17.7 and the 50 day moving average of $17.43 is below the last closing price of $17.7. The 10 and 20 day periods can predict short term moving average trends.
FSB Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FSB Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $17.7 is in the upper range of FSB Bancorp bollinger bands.
FSB Bancorp Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The FSB Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
FSB Bancorp 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 . If the RSI of FSBC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.