Kentucky First Technical Analysis (NASDAQ:KFFB)
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 Kentucky First 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 KFFB stock chart which creates a trading signal.
See Kentucky First 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 Kentucky First stock analysis.
Kentucky First Moving Average
Moving averages help predict the price direction of KFFB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Kentucky First are mostly signals of long term trends and will help long term traders.
Kentucky First Bollinger Bands
Bollinger bands comprise of a center line usually KFFB SMA, and two KFFB 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 $8.17 is in the lower range of Kentucky First bollinger bands.
Kentucky First 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 Kentucky First MACD indicator is above 0 indicating a bullish trend.
Kentucky First 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 KFFB stock is 37.01.