People's United Financial Technical Analysis (NASDAQ:PBCT)
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 People's United Financial stock price data and volume are plotted in PBCT stock charts and these trading charts form the basis of technical analysis.
See People's United Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for People's United Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
People's United Financial Moving Average
Moving averages show the PBCT 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 20 day moving average of $18.3 is below the last closing price of $18.33 and the 50 day moving average of $18.59 is above the last closing price of $18.33. The 10 and 20 day periods can predict short term moving average trends.
People's United Financial 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 PBCT stock. Currently the stock price of $18.33 is in the upper range of People's United Financial bollinger bands.
People's United Financial 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 People's United Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
People's United Financial 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. The relative strength index of PBCT stock is 54.12.