Hamilton Bancorp Technical Analysis (NASDAQ:HBK)
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. Just by looking at the Hamilton 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 HBK stock chart which creates a trading signal.
See Hamilton 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 Hamilton Bancorp stock analysis.
Hamilton Bancorp Moving Average
Moving averages show the average price of HBK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Hamilton Bancorp are mostly signals of long term trends and will help long term traders.
Hamilton Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually HBK SMA, and two HBK 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. Hamilton Bancorp bollinger bands show that the stock price is $16.15, upper band is 15.15, lower band is 13.89, and the average is 14.52.
Hamilton 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 Hamilton Bancorp MACD line is below the signal line.
Hamilton 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 HBK stock is 35.28.