Union Bankshares Technical Analysis (NASDAQ:UBSH)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Union Bankshares stock price data and volume are plotted in UBSH 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 Union Bankshares. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Union Bankshares stock analysis using these technical indicators helps identify trading opportunities.
Union Bankshares Moving Average:
Moving averages show the average price of UBSH stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.4 is above the price of $31.62.
Union Bankshares Bollinger Bands:
Bollinger bands comprise of a center line usually UBSH SMA, and two UBSH stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $31.62 is in the lower range of Union Bankshares bollinger bands.
Union Bankshares 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 Union Bankshares MACD line is below the signal line.
Union Bankshares Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of UBSH stock is 22.59. .