The Community Financial Technical Analysis (NASDAQ:TCFC)
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 TCFC stock chart pattern can give those who understand technical analysis an indication of which way TCFC stock is headed, but cannot predict with 100% certainty as to what can happen to the The Community Financial stock price.
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 The Community Financial. Technical analysis uses an approach for The Community Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
The Community Financial Moving Average
Moving averages show the average price of TCFC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $36.77 is below the last closing price of $37.54 and the 50 day moving average of $37.48 is below the last closing price of $37.54. The 10 and 20 day periods can predict short term moving average trends.
The Community Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like The Community Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The Community Financial bollinger bands show that the stock price is $37.54, upper band is 37.43, lower band is 36.11, and the average is 36.77.
The Community Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The The Community Financial MACD indicator is above 0 indicating a bullish trend.
The Community Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of TCFC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.