Suffolk Bancorp Technical Analysis (NYSE:SCNB)
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 Suffolk Bancorp stock price data and volume are plotted in SCNB 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 Suffolk Bancorp. Technical analysis uses an approach for Suffolk Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
Suffolk Bancorp Moving Average
Moving averages show the SCNB 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 Suffolk Bancorp are mostly signals of long term trends and will help long term traders.
Suffolk Bancorp 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 SCNB stock. The stock price is trading between the average and the lower band in the context of Suffolk Bancorp bollinger bands.
Suffolk 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 Suffolk Bancorp MACD indicator is above 0 indicating a bullish trend.
Suffolk Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.24 is the RSI value of SCNB stock.