Ohio Valley Banc Corp. Technical Analysis (NASDAQ:OVBC)
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 Ohio Valley Banc Corp. stock price data and volume are plotted in OVBC 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 Ohio Valley Banc Corp.. 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 Ohio Valley Banc Corp. stock analysis.
Ohio Valley Banc Corp. Moving Average
Moving averages show the OVBC 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $43.14 is below the price of $45.65.
Ohio Valley Banc Corp. Bollinger Bands
Bollinger bands comprise of a center line usually OVBC SMA, and two OVBC 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. Ohio Valley Banc Corp. bollinger bands show that the stock price is $45.65, upper band is 45.65, lower band is 40.63, and the average is 43.14.
Ohio Valley Banc Corp. 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 Ohio Valley Banc Corp. MACD line is above the signal line.
Ohio Valley Banc Corp. 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. 68.53 is the RSI value of OVBC stock.