United Bancorp Technical Analysis (NASDAQ:UBCP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. A UBCP stock chart pattern can give those who understand technical analysis an indication of which way UBCP stock is headed, but cannot predict with 100% certainty as to what can happen to the United Bancorp stock price.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for United Bancorp. The technical analysis form of United Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
United Bancorp Moving Average:
UBCP stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of United Bancorp chart patterns after the calculations remain the same. The 100 day moving average of 11.85 is below the last closing price of 12.47. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.86 is above the price of $12.47.
United Bancorp Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of United Bancorp stock price relative to previous trades. Currently the stock price of $12.47 is in the lower range of United Bancorp bollinger bands.
United Bancorp 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 United Bancorp MACD indicator is below 0 indicating a bearish trend.
United Bancorp 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 UBCP stock is 26.5. .