Nicholas Financial Technical Analysis (NASDAQ:NICK)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The NICK stock chart pattern can give those who understand technical analysis an indication of which way NICK stock is headed, but cannot predict with 100% certainty as to what can happen to the Nicholas Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Nicholas Financial. The technical analysis form of Nicholas Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Nicholas Financial Moving Average
Moving averages show the average price of NICK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $9.97 is below the last closing price of $10.67 and the 50 day moving average of $9.48 is below the last closing price of $10.67. The 10 and 20 day periods can predict short term moving average trends.
Nicholas Financial Bollinger Bands
Bollinger bands comprise of a center line usually NICK SMA, and two NICK 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. Nicholas Financial bollinger bands show that the stock price is $10.67, upper band is 11.59, lower band is 8.35, and the average is 9.97.
Nicholas Financial 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 Nicholas Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Nicholas Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 75.56 is the RSI value of NICK stock.