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.
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 Malvern Bancorp. The technical analysis form of Malvern Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Malvern Bancorp Moving Average
Moving averages show the average price of MLVF stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Malvern Bancorp are mostly signals of long term trends and will help long term traders.
Malvern Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Malvern Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Malvern Bancorp bollinger bands show that the stock price is $26.4, upper band is 27.41, lower band is 24.87, and the average is 26.14.
Malvern Bancorp 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 Malvern Bancorp MACD line is below the signal line.
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. 50 is the RSI value of MLVF stock.