Fox Chase Bancorp Technical Analysis (NASDAQ:FXCB)
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 FXCB stock chart pattern can give those who understand technical analysis an indication of which way FXCB stock is headed, but cannot predict with 100% certainty as to what can happen to the Fox Chase Bancorp stock price.
See Fox Chase Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Fox Chase Bancorp stock analysis.
Fox Chase Bancorp Moving Average
Moving averages show the average price of FXCB 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 $20.28 is below the price of $20.34.
Fox Chase Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Fox Chase Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Fox Chase Bancorp bollinger bands show that the stock price is $20.34, upper band is 20.75, lower band is 19.81, and the average is 20.28.
Fox Chase Bancorp 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 Fox Chase Bancorp MACD indicator is above 0 indicating a bullish trend.
Fox Chase 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 FXCB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.