MCBC Holdings Technical Analysis (NASDAQ:MCFT)
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 MCFT stock chart pattern can give those who understand technical analysis an indication of which way MCFT stock is headed, but cannot predict with 100% certainty as to what can happen to the MCBC Holdings stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for MCBC Holdings. Technical analysis uses an approach for MCBC Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
MCBC Holdings Moving Average
Moving averages help predict the price direction of MCFT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $31.45 is below the last closing price of $36.26 and the 50 day moving average of $28.23 is below the last closing price of $36.26. The 10 and 20 day periods can predict short term moving average trends.
MCBC Holdings Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like MCBC Holdings. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. MCBC Holdings bollinger bands show that the stock price is $36.26, upper band is 40.72, lower band is 22.18, and the average is 31.45.
MCBC Holdings 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 MCBC Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
MCBC Holdings 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. 82.84 is the RSI value of MCFT stock.