Access National Corp. ($ANCX) - Overbought - views

Access National Corp. has hit a technical signal on 3 different technical indicators. ANCX is in the Finance sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $10.34 on Feb 17.

There are currently no analysts that cover the company.

Over the last 52 weeks, the stock has been trading between $6.77 and $10.35. More recently in the last 4 weeks, the stock has been trading between $8.66 and $10.35. Yesterday the stock traded between $10.21 and $10.35. The stock currently has a PE ratio of 8.3.

Access National Corp. is trading 6.1% from its 20-day simple moving average (SMA) of $9.74 and 13.6% from its 50-day SMA and 25.59% from its 200-day SMA. Average daily volume over the last 30 days has been 6,200 shares.

At yesterdays close: the RSI was at 82.4, the CCI was at 105.3 and the Fast Stochastic was at 99.1. ANCX closed yesterday at $10.34, on volume of 3,500 shares as compared to an average volume of 6,200 over the last 4 weeks.

Access National Corporation operates as the bank holding company for Access National Bank that provides commercial credit, deposit, and mortgage services to middle market businesses and associated professionals primarily in the greater Washington, D.C. Metropolitan area. Its deposit products include time deposits, savings accounts, money market deposits, and certificates of deposit. The company's lending activities comprise commercial loans, commercial real estate loans, commercial and residential real estate construction loans, residential mortgage loans, home equity loans, and consumer loans. It also offers Internet banking, automated clearinghouse transactions, remote deposit capture, and courier services for commercial clients. In addition, the company, through its subsidiary, Access National Capital Trust II, issues redeemable capital securities. It operates from five banking centers in Chantilly, Tysons Corner, Reston, Leesburg, and Manassas, Virginia. Access National Corporation was founded in 1999 and is headquartered in Reston, Virginia.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

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