Glacier Bancorp Technical Analysis (NASDAQ:GBCI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Glacier Bancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the GBCI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Glacier Bancorp. Technical analysis uses an approach for Glacier Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
Glacier Bancorp Moving Average
Moving averages show the average price of GBCI 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 $45.34 is above the price of $44.31.
Glacier Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually GBCI SMA, and two GBCI 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. Currently the stock price of $44.31 is in the lower range of Glacier Bancorp bollinger bands.
Glacier Bancorp 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 Glacier Bancorp MACD indicator is above 0 indicating a bullish trend.
Glacier 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 . The relative strength index of GBCI stock is 43.72.