UDR Technical Analysis (NYSE:UDR)
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 UDR stock price data and volume are plotted in UDR stock charts and these trading charts form the basis of technical analysis.
See UDR bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of UDR stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
UDR Moving Average
Moving averages help predict the price direction of UDR 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 $34.5 is above the price of $34.14.
UDR Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like UDR. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of UDR bollinger bands.
UDR 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 UDR MACD indicator is below 0 indicating a bearish trend.
UDR Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of UDR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.