WVS Financial Technical Analysis (NASDAQ:WVFC)
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. Just by looking at the WVS Financial stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the WVFC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for WVS Financial. Technical analysis uses an approach for WVS Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
WVS Financial Moving Average
Moving averages show the average price of WVFC 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 $16.05 is above the price of $15.94.
WVS Financial Bollinger Bands
Bollinger bands comprise of a center line usually WVFC SMA, and two WVFC 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. Currently the stock price of $15.94 is in the lower range of WVS Financial bollinger bands.
WVS 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 WVS Financial MACD indicator is below 0 indicating a bearish trend.
WVS Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of WVFC stock is 67.78.