Home Federal Bancorp Technical Analysis (NASDAQ:HFBL)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Home Federal 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 HFBL 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 Home Federal Bancorp. The technical analysis form of Home Federal 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.
Home Federal Bancorp Moving Average
Moving averages show the average price of HFBL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $30.39 is below the last closing price of $30.94 and the 50 day moving average of $29.66 is below the last closing price of $30.94. The 10 and 20 day periods can predict short term moving average trends.
Home Federal Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually HFBL SMA, and two HFBL 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 upper band in the context of Home Federal Bancorp bollinger bands.
Home Federal 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 Home Federal Bancorp MACD indicator is below 0 indicating a bearish trend.
Home Federal 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. 91.87 is the RSI value of HFBL stock.