Pacific Continental Technical Analysis (NASDAQ:PCBK)
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. Just by looking at the Pacific Continental stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the PCBK stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Pacific Continental. Technical analysis uses an approach for Pacific Continental stock analysis that does not care for the fair value of a company but uses price and volume data only.
Pacific Continental Moving Average
Moving averages help predict the price direction of PCBK 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 Pacific Continental are mostly signals of long term trends and will help long term traders.
Pacific Continental 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 PCBK stock. Pacific Continental bollinger bands show that the stock price is $28, upper band is 28, lower band is 26.16, and the average is 27.08.
Pacific Continental 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 Pacific Continental MACD line is below the signal line.
Pacific Continental Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 61.73 is the RSI value of PCBK stock.