Sound Financial Bancorp Technical Analysis (NASDAQ:SFBC)
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. Just by looking at the Sound Financial Bancorp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the SFBC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Sound Financial Bancorp. Technical analysis uses an approach for Sound Financial Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
Sound Financial Bancorp Moving Average
Moving averages show the SFBC 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 $38.84 is below the last closing price of $39.75 and the 50 day moving average of $38.6 is below the last closing price of $39.75. The 10 and 20 day periods can predict short term moving average trends.
Sound Financial Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually SFBC SMA, and two SFBC 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. Currently the stock price of $39.75 is in the upper range of Sound Financial Bancorp bollinger bands.
Sound Financial Bancorp Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Sound Financial Bancorp MACD line is below the signal line.
Sound Financial Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 66.55 is the RSI value of SFBC stock.