NBT Bancorp Technical Analysis (NASDAQ:NBTB)
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 NBTB stock chart pattern can give those who understand technical analysis an indication of which way NBTB stock is headed, but cannot predict with 100% certainty as to what can happen to the NBT Bancorp stock price.
See NBT Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for NBT Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
NBT Bancorp Moving Average
Moving averages help predict the price direction of NBTB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for NBT Bancorp are mostly signals of long term trends and will help long term traders.
NBT Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually NBTB SMA, and two NBTB 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. Currently the stock price of $36.57 is in the upper range of NBT Bancorp bollinger bands.
NBT Bancorp 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 NBT Bancorp MACD line is below the signal line.
NBT Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of NBTB stock is 45.01.