Jefferson Bancshares Technical Analysis (NASDAQ:JFBI)
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. Just by looking at the Jefferson 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 JFBI stock chart which creates a trading signal.
See Jefferson Bancshares bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Jefferson Bancshares stock analysis.
Jefferson Bancshares Moving Average
Moving averages show the average price of JFBI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Jefferson Bancshares are mostly signals of long term trends and will help long term traders.
Jefferson Bancshares Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Jefferson Bancshares. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Jefferson Bancshares bollinger bands show that the stock price is $8.02, upper band is 8.01, lower band is 7.69, and the average is 7.85.
Jefferson Bancshares 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 Jefferson Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
Jefferson Bancshares Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 65.62 is the RSI value of JFBI stock.