Hingham Institution for Savings Technical Analysis (NASDAQ:HIFS)
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. The Hingham Institution for Savings stock price data and volume are plotted in HIFS 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 Hingham Institution for Savings. 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 Hingham Institution for Savings stock analysis.
Hingham Institution for Savings Moving Average
Moving averages help predict the price direction of HIFS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $214.97 is below the price of $216.77.
Hingham Institution for Savings Bollinger Bands
Bollinger bands comprise of a center line usually HIFS SMA, and two HIFS 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 Hingham Institution for Savings bollinger bands.
Hingham Institution for Savings 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 Hingham Institution for Savings MACD indicator is above 0 indicating a bullish trend.
Hingham Institution for Savings 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 HIFS stock is 53.56.