FS Bancorp Technical Analysis (NASDAQ:FSBW)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The FSBW stock chart pattern can give those who understand technical analysis an indication of which way FSBW stock is headed, but cannot predict with 100% certainty as to what can happen to the FS Bancorp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for FS Bancorp. Technical analysis uses an approach for FS Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
FS Bancorp Moving Average
Moving averages show the average price of FSBW stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $59.42 is below the price of $59.75.
FS Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually FSBW SMA, and two FSBW 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. FS Bancorp bollinger bands show that the stock price is $59.75, upper band is 61.14, lower band is 57.71, and the average is 59.42.
FS 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 FS Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
FS 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 FSBW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.