PacWest Bancorp Technical Analysis (NASDAQ:PACW)
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 PacWest Bancorp stock price data and volume are plotted in PACW stock charts and these trading charts form the basis of technical analysis.
See PacWest Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of PacWest Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
PacWest Bancorp Moving Average
Moving averages help predict the price direction of PACW 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 PacWest Bancorp are mostly signals of long term trends and will help long term traders.
PacWest Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like PacWest Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $54.4 is in the upper range of PacWest Bancorp bollinger bands.
PacWest Bancorp 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 PacWest Bancorp MACD indicator is below 0 indicating a bearish trend.
PacWest Bancorp 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 . If the RSI of PACW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.