Nicolet Bankshares Technical Analysis (NASDAQ:NCBS)
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 Nicolet Bankshares stock price data and volume are plotted in NCBS stock charts and these trading charts form the basis of technical analysis.
See Nicolet Bankshares bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Nicolet Bankshares stock analysis that does not care for the fair value of a company but uses price and volume data only.
Nicolet Bankshares Moving Average
Moving averages help predict the price direction of NCBS 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 $57.12 is below the last closing price of $58.34 and the 50 day moving average of $56.53 is below the last closing price of $58.34. The 10 and 20 day periods can predict short term moving average trends.
Nicolet Bankshares Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Nicolet Bankshares. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Nicolet Bankshares bollinger bands show that the stock price is $58.34, upper band is 58.4, lower band is 55.84, and the average is 57.12.
Nicolet Bankshares 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 Nicolet Bankshares MACD line is above the signal line.
Nicolet Bankshares Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of NCBS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.