United Community Bancorp Technical Analysis (NASDAQ:UCBA)
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 Community Bancorp stock price data and volume are plotted in UCBA stock charts and these trading charts form the basis of technical analysis.
See United Community Bancorp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of United Community Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
United Community Bancorp Moving Average
Moving averages help predict the price direction of UCBA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $27.38 is below the last closing price of $27.85 and the 50 day moving average of $26.41 is below the last closing price of $27.85. The 10 and 20 day periods can predict short term moving average trends.
United Community Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like United Community Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. United Community Bancorp bollinger bands show that the stock price is $27.85, upper band is 28.19, lower band is 26.56, and the average is 27.38.
United Community 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 United Community Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
United Community 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 . The relative strength index of UCBA stock is 63.24.