United-Guardian Technical Analysis (NASDAQ:UG)
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 UG stock chart pattern can give those who understand technical analysis an indication of which way UG stock is headed, but cannot predict with 100% certainty as to what can happen to the United-Guardian stock price.
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-Guardian. Technical analysis uses an approach for United-Guardian stock analysis that does not care for the fair value of a company but uses price and volume data only.
United-Guardian Moving Average
Moving averages help predict the price direction of UG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for United-Guardian are mostly signals of long term trends and will help long term traders.
United-Guardian Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the UG stock. Currently the stock price of $16.39 is in the upper range of United-Guardian bollinger bands.
United-Guardian 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-Guardian MACD line is below the signal line.
United-Guardian 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 . If the RSI of UG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.