Republic Bancorp Technical Analysis (NASDAQ:RBCAA)
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. A RBCAA stock chart pattern can give those who understand technical analysis an indication of which way RBCAA stock is headed, but cannot predict with 100% certainty as to what can happen to the Republic Bancorp 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 Republic Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Republic Bancorp stock analysis using these technical indicators helps identify trading opportunities.
Republic Bancorp Moving Average:
Moving averages show the RBCAA stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $33.81 is below the last closing price of $35.89 and the 50 day moving average of $34.35 is below the $35.89 price. The 10 and 20 day periods can predict short term moving average trends.
Republic Bancorp Bollinger Bands:
Bollinger bands comprise of a center line usually RBCAA SMA, and two RBCAA stock price bands above and below it. The stock is considered over brought 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 $35.89 is in the lower range of Republic Bancorp bollinger bands.
Republic 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 Republic Bancorp MACD line is below the signal line.
Republic Bancorp 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 RBCAA stock is 59.69. .