United Bancshares Technical Analysis (NASDAQ:UBOH)
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 UBOH stock chart pattern can give those who understand technical analysis an indication of which way UBOH stock is headed, but cannot predict with 100% certainty as to what can happen to the United Bancshares 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 Bancshares. 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 United Bancshares stock analysis.
United Bancshares Moving Average:
Moving averages show the UBOH stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer UBOH stock price movement for the moving average to change course.
United Bancshares Bollinger Bands:
Bollinger bands comprise of a center line usually UBOH SMA, and two UBOH stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. United Bancshares bollinger bands show that the stock price is $20, upper band is 24.86, lower band is 21.41, and the average is 23.13.
United Bancshares Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The United Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
United Bancshares Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of UBOH stock is 37.5. .