S&T Bancorp Technical Analysis (NASDAQ:STBA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the S&T 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 STBA stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for S&T Bancorp. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking S&T Bancorp stock analysis using these technical indicators helps identify trading opportunities.
S&T Bancorp Moving Average:
Moving averages show the average price of STBA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $36.17 is below the price of $37.41.
S&T Bancorp Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of S&T Bancorp stock price relative to previous trades. S&T Bancorp bollinger bands show that the stock price is $37.41, upper band is 33.65, lower band is 32.48, and the average is 33.06.
S&T Bancorp 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 S&T Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
S&T Bancorp 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. The relative strength index of STBA stock is 63.6. .