UBS Group AG Technical Analysis (NYSE:UBS)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. Just by looking at the UBS Group AG 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 UBS stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for UBS Group AG. Technical analysis uses an approach for UBS Group AG stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
UBS Group AG Moving Average:
Moving averages show the average price of UBS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $39.81 is below the last closing price of $16.78 and the 50 day moving average of $41.52 is above the $16.78 price. The 10 and 20 day periods can predict short term moving average trends.
UBS Group AG Bollinger Bands:
Bollinger bands comprise of a center line usually UBS SMA, and two UBS 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. UBS Group AG bollinger bands show that the stock price is $16.78, upper band is 51.21, lower band is 47.33, and the average is 49.27.
UBS Group AG 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 UBS Group AG MACD indicator can be used to identify bullish and bearish trends for the stock.
UBS Group AG Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of UBS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .