BankUnited Technical Analysis (NYSE:BKU)
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. A BKU stock chart pattern can give those who understand technical analysis an indication of which way BKU stock is headed, but cannot predict with 100% certainty as to what can happen to the BankUnited stock price.
See BankUnited bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking BankUnited stock analysis using these technical indicators helps identify trading opportunities.
BankUnited Moving Average:
Moving averages help predict the price direction of BKU stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $33.3 is above the last closing price of $32.81 and the 50 day moving average of $33.62 is above the $32.81 price. The 10 and 20 day periods can predict short term moving average trends.
BankUnited Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like BankUnited. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $32.81 is in the lower range of BankUnited bollinger bands.
BankUnited 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 BankUnited MACD indicator can be used to identify bullish and bearish trends for the stock.
BankUnited 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 . 38.16 is the RSI value of BKU stock. .