Veritex Holdings Technical Analysis (NASDAQ:VBTX)
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. A VBTX stock chart pattern can give those who understand technical analysis an indication of which way VBTX stock is headed, but cannot predict with 100% certainty as to what can happen to the Veritex Holdings stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Veritex Holdings. 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 Veritex Holdings stock analysis.
Veritex Holdings Moving Average:
Moving averages show the VBTX stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for VBTX trend identification. A rising moving average shows that stock prices are generally increasing.
Veritex Holdings Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Veritex Holdings stock price relative to previous trades. Currently the stock price of $27.19 is in the lower range of Veritex Holdings bollinger bands.
Veritex Holdings 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 Veritex Holdings MACD line is above the signal line.
Veritex Holdings Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.94 is the RSI value of VBTX stock. .