PB Bancorp Technical Analysis (NASDAQ:PBBI)
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 PBBI stock chart pattern can give those who understand technical analysis an indication of which way PBBI stock is headed, but cannot predict with 100% certainty as to what can happen to the PB Bancorp stock price.
See PB Bancorp 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 PB Bancorp stock analysis.
PB Bancorp Moving Average
Moving averages help predict the price direction of PBBI 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 PB Bancorp are mostly signals of long term trends and will help long term traders.
PB Bancorp 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 PBBI stock. The stock price is trading between the average and the upper band in the context of PB Bancorp bollinger bands.
PB Bancorp 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 PB Bancorp MACD indicator is below 0 indicating a bearish trend.
PB Bancorp 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. 70.69 is the RSI value of PBBI stock.