Peoples Bancorp Technical Analysis (NASDAQ:PEBO)
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 Peoples Bancorp stock price data and volume are plotted in PEBO stock charts and these trading charts form the basis of technical analysis.
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 Peoples Bancorp. The technical analysis form of Peoples 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.
Peoples Bancorp Moving Average:
Moving averages show the average price of PEBO stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer PEBO stock price movement for the moving average to change course.
Peoples 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 PEBO stock. Peoples Bancorp bollinger bands show that the stock price is $33.13, upper band is 27.28, lower band is 25.67, and the average is 28.88.
Peoples Bancorp 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 Peoples Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Peoples Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of PEBO stock is 65.54. .