Norwood Financial Technical Analysis (NASDAQ:NWFL)
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 Norwood Financial stock price data and volume are plotted in NWFL stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Norwood Financial. The technical analysis form of Norwood 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.
Norwood Financial Moving Average
Moving averages show the NWFL 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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Norwood Financial are mostly signals of long term trends and will help long term traders.
Norwood Financial Bollinger Bands
Bollinger bands comprise of a center line usually NWFL SMA, and two NWFL 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. Norwood Financial bollinger bands show that the stock price is $37, upper band is 35.92, lower band is 28.37, and the average is 32.14.
Norwood 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 Norwood Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Norwood Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NWFL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.