Greene County Bancorp Technical Analysis (NASDAQ:GCBC)
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 GCBC stock chart pattern can give those who understand technical analysis an indication of which way GCBC stock is headed, but cannot predict with 100% certainty as to what can happen to the Greene County Bancorp stock price.
See Greene County 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 Greene County Bancorp stock analysis.
Greene County Bancorp Moving Average
Moving averages show the GCBC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Greene County Bancorp are mostly signals of long term trends and will help long term traders.
Greene County Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually GCBC SMA, and two GCBC 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. The stock price is trading between the average and the lower band in the context of Greene County Bancorp bollinger bands.
Greene County 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 Greene County Bancorp MACD line is above the signal line.
Greene County Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of GCBC stock is 34.31.