ServisFirst Bancshares Technical Analysis (NASDAQ:SFBS)
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 SFBS stock chart pattern can give those who understand technical analysis an indication of which way SFBS stock is headed, but cannot predict with 100% certainty as to what can happen to the ServisFirst Bancshares stock price.
See ServisFirst Bancshares bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for ServisFirst Bancshares stock analysis that does not care for the fair value of a company but uses price and volume data only.
ServisFirst Bancshares Moving Average
Moving averages help predict the price direction of SFBS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $41.69 is below the last closing price of $43.45 and the 50 day moving average of $41.96 is below the last closing price of $43.45. The 10 and 20 day periods can predict short term moving average trends.
ServisFirst Bancshares Bollinger Bands
Bollinger bands comprise of a center line usually SFBS SMA, and two SFBS 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 $43.45 is in the upper range of ServisFirst Bancshares bollinger bands.
ServisFirst Bancshares 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 ServisFirst Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
ServisFirst Bancshares Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of SFBS stock is 66.23.