Home Bancorp Technical Analysis (NASDAQ:HBCP)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Home Bancorp stock price data and volume are plotted in HBCP stock charts and these trading charts form the basis of technical analysis.
See Home Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Home Bancorp stock analysis using these technical indicators helps identify trading opportunities.
Home Bancorp Moving Average:
HBCP stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Home Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 37.16 is below the last closing price of 39.92. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $42.3 is above the price of $39.92.
Home Bancorp Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the HBCP stock. Home Bancorp bollinger bands show that the stock price is $39.92, upper band is 10.93, lower band is 9.96, and the average is 10.44.
Home 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 Home Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Home Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of HBCP stock is 20.86. .