Guaranty Bancorp Technical Analysis (NASDAQ:GBNK)
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. The Guaranty Bancorp stock price data and volume are plotted in GBNK 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 Guaranty Bancorp. 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 Guaranty Bancorp stock analysis.
Guaranty Bancorp Moving Average
Moving averages show the average price of GBNK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $28.69 is below the last closing price of $29.45 and the 50 day moving average of $28.63 is below the last closing price of $29.45. The 10 and 20 day periods can predict short term moving average trends.
Guaranty Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Guaranty Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $29.45 is in the upper range of Guaranty Bancorp bollinger bands.
Guaranty 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 Guaranty Bancorp MACD indicator is below 0 indicating a bearish trend.
Guaranty 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 GBNK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.