Heritage Financial Technical Analysis (NASDAQ:HFWA)
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. The Heritage Financial stock price data and volume are plotted in HFWA stock charts and these trading charts form the basis of technical analysis.
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 Heritage Financial. The technical analysis form of Heritage Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Heritage Financial Moving Average
Moving averages help predict the price direction of HFWA 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 $36.5 is below the last closing price of $37.1 and the 50 day moving average of $35.96 is below the last closing price of $37.1. The 10 and 20 day periods can predict short term moving average trends.
Heritage Financial Bollinger Bands
Bollinger bands comprise of a center line usually HFWA SMA, and two HFWA 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. Heritage Financial bollinger bands show that the stock price is $37.1, upper band is 37.19, lower band is 35.81, and the average is 36.5.
Heritage Financial 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 Heritage Financial MACD indicator is below 0 indicating a bearish trend.
Heritage Financial 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 HFWA stock is 65.