1st United Bancorp Technical Analysis (NASDAQ:FUBC)
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 1st United Bancorp 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 FUBC stock chart which creates a trading signal.
See 1st United Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of 1st United Bancorp stock analysis.
1st United Bancorp Moving Average:
Moving averages show the average price of FUBC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 FUBC stock price movement for the moving average to change course.
1st United Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like 1st United Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of 1st United Bancorp bollinger bands.
1st United Bancorp 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 1st United Bancorp MACD line is below the signal line.
1st United Bancorp 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. 74.19 is the RSI value of FUBC stock. .