Naugatuck Valley Financial Technical Analysis (NASDAQ:NVSL)
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 NVSL stock chart pattern can give those who understand technical analysis an indication of which way NVSL stock is headed, but cannot predict with 100% certainty as to what can happen to the Naugatuck Valley Financial stock price.
See Naugatuck Valley Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Naugatuck Valley Financial stock analysis.
Naugatuck Valley Financial Moving Average
Moving averages show the average price of NVSL 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 Naugatuck Valley Financial are mostly signals of long term trends and will help long term traders.
Naugatuck Valley Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Naugatuck Valley Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Naugatuck Valley Financial bollinger bands.
Naugatuck Valley Financial 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 Naugatuck Valley Financial MACD line is above the signal line.
Naugatuck Valley Financial 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. 41.18 is the RSI value of NVSL stock.