Two River Bancorp Technical Analysis (NASDAQ:TRCB)
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 Two River Bancorp stock price data and volume are plotted in TRCB stock charts and these trading charts form the basis of technical analysis.
See Two River Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Two River Bancorp stock analysis.
Two River Bancorp Moving Average
Moving averages show the average price of TRCB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Two River Bancorp are mostly signals of long term trends and will help long term traders.
Two River Bancorp Bollinger Bands
Bollinger bands comprise of a center line usually TRCB SMA, and two TRCB 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. The stock price is trading between the average and the lower band in the context of Two River Bancorp bollinger bands.
Two River 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 Two River Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
Two River Bancorp Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of TRCB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.