Provident Financial Technical Analysis (NASDAQ:PROV)
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 Provident Financial stock price data and volume are plotted in PROV 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 Provident Financial. The technical analysis form of Provident Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Provident Financial Moving Average
Moving averages show the average price of PROV stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $18.84 is above the last closing price of $18.42 and the 50 day moving average of $18.53 is above the last closing price of $18.42. The 10 and 20 day periods can predict short term moving average trends.
Provident Financial 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 PROV stock. Currently the stock price of $18.42 is in the lower range of Provident Financial bollinger bands.
Provident Financial 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 Provident Financial MACD line is below the signal line.
Provident Financial Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of PROV stock is 35.53.