Compania Cervecerias Unidas Technical Analysis (NYSE:CCU)
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. When a chart pattern that can predict future Compania Cervecerias Unidas stock price movements is formed, the CCU stock chart can become a key tool for a technical analyst.
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 Compania Cervecerias Unidas. Technical analysis uses an approach for Compania Cervecerias Unidas stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Compania Cervecerias Unidas Moving Average:
CCU 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 Compania Cervecerias Unidas chart patterns after the calculations remain the same. The 100 day moving average of 26.54 is below the last closing price of 27.04. 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 CCU stock price movement for the moving average to change course.
Compania Cervecerias Unidas Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CCU stock. The stock price is trading between the average and the lower band in the context of Compania Cervecerias Unidas bollinger bands.
Compania Cervecerias Unidas 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 Compania Cervecerias Unidas MACD line is above the signal line.
Compania Cervecerias Unidas Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.79 is the RSI value of CCU stock. .