United Community Financial Technical Analysis (NASDAQ:UCFC)
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 United Community Financial 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 UCFC stock chart which creates a trading signal.
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 Community Financial. Technical analysis uses an approach for United Community Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
United Community Financial Moving Average
Moving averages help predict the price direction of UCFC 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 $11.22 is below the price of $11.36.
United Community Financial Bollinger Bands
Bollinger bands comprise of a center line usually UCFC SMA, and two UCFC 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 Community Financial bollinger bands show that the stock price is $11.36, upper band is 11.51, lower band is 10.93, and the average is 11.22.
United Community Financial 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 Community Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
United Community Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of UCFC stock is 49.26.