Intermountain Community Bancorp Technical Analysis (NASDAQ:IMCB)
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 IMCB stock chart pattern can give those who understand technical analysis an indication of which way IMCB stock is headed, but cannot predict with 100% certainty as to what can happen to the Intermountain Community Bancorp stock price.
See Intermountain Community Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Intermountain Community 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.
Intermountain Community Bancorp Moving Average
Moving averages show the average price of IMCB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $18.5 is below the price of $20.
Intermountain Community Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually IMCB SMA, and two IMCB 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. Currently the stock price of $20 is in the upper range of Intermountain Community Bancorp bollinger bands.
Intermountain Community Bancorp 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 Intermountain Community Bancorp MACD line is below the signal line.
Intermountain Community 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. 73.7 is the RSI value of IMCB stock.