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. Just by looking at the Compania Cervecerias Unidas 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 CCU stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, 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
Moving averages show the average price of CCU 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 $29.1 is above the last closing price of $28.38 and the 50 day moving average of $28.72 is above the last closing price of $28.38. The 10 and 20 day periods can predict short term moving average trends.
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. Currently the stock price of $28.38 is in the lower range of Compania Cervecerias Unidas bollinger bands.
Compania Cervecerias Unidas 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 Compania Cervecerias Unidas MACD line is below the signal line.
Compania Cervecerias Unidas Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 42.07 is the RSI value of CCU stock.