United Community Banks Technical Analysis (NASDAQ:UCBI)
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. When a chart pattern that can predict future United Community Banks stock price movements is formed, the UCBI stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for United Community Banks. The technical analysis form of United Community Banks 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 Community Banks Moving Average:
UCBI 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 Community Banks chart patterns after the calculations remain the same. The 100 day moving average of 17.3 is below the last closing price of 21.1. The 20 day moving average of $16.39 is below the last closing price of $21.1 and the 50 day moving average of $15.2 is below the $21.1 price. The 10 and 20 day periods can predict short term moving average trends.
United Community Banks Bollinger Bands:
Bollinger bands comprise of a center line usually UCBI SMA, and two UCBI 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. Currently the stock price of $21.1 is in the lower range of United Community Banks bollinger bands.
United Community Banks 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 Community Banks MACD line is below the signal line.
United Community Banks Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of UCBI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .