Hawthorn Bancshares Technical Analysis (NASDAQ:HWBK)
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 Hawthorn Bancshares 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 HWBK stock chart which creates a trading signal.
See Hawthorn Bancshares bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Hawthorn Bancshares stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Hawthorn Bancshares Moving Average:
Moving averages show the average price of HWBK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer HWBK stock price movement for the moving average to change course.
Hawthorn Bancshares Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the HWBK stock. Currently the stock price of $18.85 is in the upper range of Hawthorn Bancshares bollinger bands.
Hawthorn Bancshares 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 Hawthorn Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
Hawthorn Bancshares 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. The relative strength index of HWBK stock is 31.14. .