Peoples Financial Services Technical Analysis (NASDAQ:PFIS)
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 PFIS stock chart pattern can give those who understand technical analysis an indication of which way PFIS stock is headed, but cannot predict with 100% certainty as to what can happen to the Peoples Financial Services stock price.
See Peoples Financial Services bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Peoples Financial Services stock analysis.
Peoples Financial Services Moving Average
Moving averages show the PFIS 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 $47.02 is above the last closing price of $46.55 and the 50 day moving average of $47.81 is above the last closing price of $46.55. The 10 and 20 day periods can predict short term moving average trends.
Peoples Financial Services Bollinger Bands
Bollinger bands comprise of a center line usually PFIS SMA, and two PFIS 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 lower band in the context of Peoples Financial Services bollinger bands.
Peoples Financial Services 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 Peoples Financial Services MACD line is above the signal line.
Peoples Financial Services 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 PFIS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.