Square 1 Financial Technical Analysis (NASDAQ:SQBK)
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. The Square 1 Financial stock price data and volume are plotted in SQBK stock charts and these trading charts form the basis of technical analysis.
See Square 1 Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Square 1 Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Square 1 Financial Moving Average
Moving averages help predict the price direction of SQBK 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 $25.71 is below the last closing price of $26.32 and the 50 day moving average of $25.98 is below the last closing price of $26.32. The 10 and 20 day periods can predict short term moving average trends.
Square 1 Financial Bollinger Bands
Bollinger bands comprise of a center line usually SQBK SMA, and two SQBK 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. Square 1 Financial bollinger bands show that the stock price is $26.32, upper band is 26.6, lower band is 24.81, and the average is 25.71.
Square 1 Financial 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 Square 1 Financial MACD line is below the signal line.
Square 1 Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 48.1 is the RSI value of SQBK stock.