P & F Industries Technical Analysis (NASDAQ:PFIN)
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 PFIN stock chart pattern can give those who understand technical analysis an indication of which way PFIN stock is headed, but cannot predict with 100% certainty as to what can happen to the P & F Industries 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 P & F Industries. Technical analysis uses an approach for P & F Industries stock analysis that does not care for the fair value of a company but uses price and volume data only.
P & F Industries Moving Average
Moving averages help predict the price direction of PFIN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $8.17 is below the last closing price of $8.43 and the 50 day moving average of $8.29 is below the last closing price of $8.43. The 10 and 20 day periods can predict short term moving average trends.
P & F Industries Bollinger Bands
Bollinger bands comprise of a center line usually PFIN SMA, and two PFIN 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. Currently the stock price of $8.43 is in the upper range of P & F Industries bollinger bands.
P & F Industries Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The P & F Industries MACD line is below the signal line.
P & F Industries 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 . 60.53 is the RSI value of PFIN stock.