Hampden Bancorp Technical Analysis (NASDAQ:HBNK)
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. Just by looking at the Hampden 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 HBNK stock chart which creates a trading signal.
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 Hampden Bancorp. The technical analysis form of Hampden 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.
Hampden Bancorp Moving Average
Moving averages help predict the price direction of HBNK 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 $22.48 is above the last closing price of $22.21 and the 50 day moving average of $21.72 is below the last closing price of $22.21. The 10 and 20 day periods can predict short term moving average trends.
Hampden Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hampden Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $22.21 is in the lower range of Hampden Bancorp bollinger bands.
Hampden 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 Hampden Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Hampden 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 HBNK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.