Tristate Capital Technical Analysis (NASDAQ:TSC)
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 Tristate Capital stock price data and volume are plotted in TSC stock charts and these trading charts form the basis of technical analysis.
See Tristate Capital bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Tristate Capital stock analysis that does not care for the fair value of a company but uses price and volume data only.
Tristate Capital Moving Average
Moving averages show the average price of TSC 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 $26.05 is below the price of $26.5.
Tristate Capital 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 TSC stock. Tristate Capital bollinger bands show that the stock price is $26.5, upper band is 26.91, lower band is 25.18, and the average is 26.04.
Tristate Capital 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 Tristate Capital MACD indicator can be used to identify bullish and bearish trends for the stock.
Tristate Capital 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 . 61.54 is the RSI value of TSC stock.