Lakeland Bancorp Technical Analysis (NASDAQ:LBAI)
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 LBAI stock chart pattern can give those who understand technical analysis an indication of which way LBAI stock is headed, but cannot predict with 100% certainty as to what can happen to the Lakeland Bancorp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Lakeland Bancorp. Technical analysis uses an approach for Lakeland Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
Lakeland Bancorp Moving Average
Moving averages help predict the price direction of LBAI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $19.94 is above the price of $19.8.
Lakeland Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Lakeland Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $19.8 is in the lower range of Lakeland Bancorp bollinger bands.
Lakeland 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 Lakeland Bancorp MACD indicator is below 0 indicating a bearish trend.
Lakeland Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 44.38 is the RSI value of LBAI stock.