United Security Bancshares Technical Analysis (NASDAQ:UBFO)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The United Security Bancshares stock price data and volume are plotted in UBFO stock charts and these trading charts form the basis of technical analysis.
See United Security Bancshares bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for United Security Bancshares stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
United Security Bancshares Moving Average:
Moving averages show the UBFO stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $9.68 is below the last closing price of $9.85 and the 50 day moving average of $9.53 is below the $9.85 price. The 10 and 20 day periods can predict short term moving average trends.
United Security Bancshares 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 UBFO stock. Currently the stock price of $9.85 is in the upper range of United Security Bancshares bollinger bands.
United Security Bancshares Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The United Security Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
United Security Bancshares Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of UBFO stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .