United Bancshares Technical Analysis (NASDAQ:UBOH)
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. The United Bancshares stock price data and volume are plotted in UBOH stock charts and these trading charts form the basis of technical analysis.
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 United Bancshares. 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 United Bancshares stock analysis.
United Bancshares Moving Average
Moving averages show the average price of UBOH 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 $22.72 is below the last closing price of $23 and the 50 day moving average of $22.39 is below the last closing price of $23. The 10 and 20 day periods can predict short term moving average trends.
United Bancshares Bollinger Bands
Bollinger bands comprise of a center line usually UBOH SMA, and two UBOH stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. United Bancshares bollinger bands show that the stock price is $23, upper band is 23.62, lower band is 21.81, and the average is 22.72.
United Bancshares 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 United Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
United Bancshares 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. If the RSI of UBOH stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.