SmartFinancial Technical Analysis (NASDAQ:SMBK)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The SmartFinancial stock price data and volume are plotted in SMBK 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 SmartFinancial. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking SmartFinancial stock analysis using these technical indicators helps identify trading opportunities.
SmartFinancial Moving Average:
Moving averages show the SMBK stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling SMBK moving average implies that SmartFinancial stock price is falling.
SmartFinancial Bollinger Bands:
Bollinger bands comprise of a center line usually SMBK SMA, and two SMBK 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 $21.5 is in the lower range of SmartFinancial bollinger bands.
SmartFinancial 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 SmartFinancial MACD indicator can be used to identify bullish and bearish trends for the stock.
SmartFinancial Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. If the RSI of SMBK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .