FirstService Technical Analysis (NASDAQ:FSV)
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 FirstService stock price data and volume are plotted in FSV 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 FirstService. Technical analysis uses an approach for FirstService stock analysis that does not care for the fair value of a company but uses price and volume data only.
FirstService Moving Average
Moving averages help predict the price direction of FSV stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $70.03 is below the price of $70.39.
FirstService Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FSV stock. Currently the stock price of $70.39 is in the upper range of FirstService bollinger bands.
FirstService 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 FirstService MACD indicator can be used to identify bullish and bearish trends for the stock.
FirstService 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. 43.9 is the RSI value of FSV stock.