NB&T Financial Group Technical Analysis (NASDAQ:NBTF)
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. Just by looking at the NB&T Financial Group stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NBTF stock chart which creates a trading signal.
See NB&T Financial Group bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of NB&T Financial Group stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NB&T Financial Group Moving Average
Moving averages show the NBTF stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $29.68 is below the price of $29.79.
NB&T Financial Group Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like NB&T Financial Group. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $29.79 is in the upper range of NB&T Financial Group bollinger bands.
NB&T Financial Group 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 NB&T Financial Group MACD indicator can be used to identify bullish and bearish trends for the stock.
NB&T Financial Group 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. The relative strength index of NBTF stock is 59.24.