Malvern Bancorp Technical Analysis (NASDAQ:MLVF)
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 Malvern Bancorp stock price data and volume are plotted in MLVF stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Malvern Bancorp. Technical analysis uses an approach for Malvern Bancorp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Malvern Bancorp Moving Average:
Moving averages show the MLVF stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $20.73 is below the last closing price of $21.7 and the 50 day moving average of $20.84 is below the $21.7 price. The 10 and 20 day periods can predict short term moving average trends.
Malvern Bancorp Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MLVF stock. The stock price is trading between the average and the lower band in the context of Malvern Bancorp bollinger bands.
Malvern 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 Malvern Bancorp MACD indicator is below 0 indicating a bearish trend.
Malvern Bancorp 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. 38.24 is the RSI value of MLVF stock. .