Georgetown Bancorp Technical Analysis (NASDAQ:GTWN)
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 GTWN stock chart pattern can give those who understand technical analysis an indication of which way GTWN stock is headed, but cannot predict with 100% certainty as to what can happen to the Georgetown Bancorp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Georgetown Bancorp. The technical analysis form of Georgetown Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Georgetown Bancorp Moving Average
Moving averages help predict the price direction of GTWN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $25.9 is below the last closing price of $26 and the 50 day moving average of $25.88 is below the last closing price of $26. The 10 and 20 day periods can predict short term moving average trends.
Georgetown Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually GTWN SMA, and two GTWN 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 $26 is in the upper range of Georgetown Bancorp bollinger bands.
Georgetown 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 Georgetown Bancorp MACD line is above the signal line.
Georgetown Bancorp 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. If the RSI of GTWN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.