The Community Financial Technical Analysis (NASDAQ:TCFC)
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. When a chart pattern that can predict future The Community Financial stock price movements is formed, the TCFC stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for The Community Financial. The technical analysis form of The Community 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.
The Community Financial Moving Average:
Moving averages show the TCFC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $31.03 is below the price of $35.46.
The Community Financial Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the TCFC stock. The Community Financial bollinger bands show that the stock price is $35.46, upper band is 21.43, lower band is 18.31, and the average is 19.87.
The Community Financial 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 The Community Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
The Community Financial Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock 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. .