People's Utah Bancorp Technical Analysis (NASDAQ:PUB)
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 People's Utah 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 PUB stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for People's Utah Bancorp. Technical analysis uses an approach for People's Utah Bancorp stock analysis that does not care for the fair value of a company but uses price and volume data only.
People's Utah Bancorp Moving Average
Moving averages help predict the price direction of PUB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $35.71 is below the price of $36.15.
People's Utah Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like People's Utah Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $36.15 is in the upper range of People's Utah Bancorp bollinger bands.
People's Utah 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 People's Utah Bancorp MACD line is above the signal line.
People's Utah Bancorp 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 . 50 is the RSI value of PUB stock.