Sterling Bancorp Technical Analysis (NYSE:STL)
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 STL stock chart pattern can give those who understand technical analysis an indication of which way STL stock is headed, but cannot predict with 100% certainty as to what can happen to the Sterling Bancorp stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Sterling Bancorp. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Sterling Bancorp stock analysis.
Sterling Bancorp Moving Average
Moving averages show the STL 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $24.79 is above the price of $24.5.
Sterling Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually STL SMA, and two STL 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 $24.5 is in the lower range of Sterling Bancorp bollinger bands.
Sterling 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 Sterling Bancorp MACD indicator is below 0 indicating a bearish trend.
Sterling Bancorp 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 STL stock is 41.67.