Kearny Financial Technical Analysis (NASDAQ:KRNY)
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 KRNY stock chart pattern can give those who understand technical analysis an indication of which way KRNY stock is headed, but cannot predict with 100% certainty as to what can happen to the Kearny Financial stock price.
See Kearny Financial 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 Kearny Financial stock analysis.
Kearny Financial Moving Average
Moving averages show the KRNY stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.78 is below the price of $13.85.
Kearny Financial Bollinger Bands
Bollinger bands comprise of a center line usually KRNY SMA, and two KRNY 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. Kearny Financial bollinger bands show that the stock price is $13.85, upper band is 14.15, lower band is 13.41, and the average is 13.78.
Kearny Financial Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Kearny Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Kearny Financial 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 . 72.22 is the RSI value of KRNY stock.