PrivateBancorp Technical Analysis (NASDAQ:PVTB)
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 PrivateBancorp stock price data and volume are plotted in PVTB stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for PrivateBancorp. 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 PrivateBancorp stock analysis.
PrivateBancorp Moving Average
Moving averages show the PVTB 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for PrivateBancorp are mostly signals of long term trends and will help long term traders.
PrivateBancorp 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 PVTB stock. Currently the stock price of $60.97 is in the upper range of PrivateBancorp bollinger bands.
PrivateBancorp 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 PrivateBancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
PrivateBancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of PVTB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.