Ocean Shore Holding Technical Analysis (NASDAQ:OSHC)
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. The Ocean Shore Holding stock price data and volume are plotted in OSHC stock charts and these trading charts form the basis of technical analysis.
See Ocean Shore Holding 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 Ocean Shore Holding stock analysis.
Ocean Shore Holding Moving Average
Moving averages help predict the price direction of OSHC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Ocean Shore Holding are mostly signals of long term trends and will help long term traders.
Ocean Shore Holding Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the OSHC stock. Ocean Shore Holding bollinger bands show that the stock price is $27.25, upper band is 28.48, lower band is 23.57, and the average is 26.02.
Ocean Shore Holding 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 Ocean Shore Holding MACD indicator can be used to identify bullish and bearish trends for the stock.
Ocean Shore Holding 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 . The relative strength index of OSHC stock is 90.5.