Pathfinder Bancorp Technical Analysis (NASDAQ:PBHC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The PBHC stock chart pattern can give those who understand technical analysis an indication of which way PBHC stock is headed, but cannot predict with 100% certainty as to what can happen to the Pathfinder Bancorp stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Pathfinder Bancorp. 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 Pathfinder Bancorp stock analysis.
Pathfinder Bancorp Moving Average
Moving averages show the PBHC 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Pathfinder Bancorp are mostly signals of long term trends and will help long term traders.
Pathfinder Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually PBHC SMA, and two PBHC 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. The stock price is trading between the average and the upper band in the context of Pathfinder Bancorp bollinger bands.
Pathfinder 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 Pathfinder Bancorp MACD indicator is below 0 indicating a bearish trend.
Pathfinder 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 PBHC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.