United Insurance Technical Analysis (NASDAQ:UIHC)
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 United Insurance stock price data and volume are plotted in UIHC stock charts and these trading charts form the basis of technical analysis.
See United Insurance bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for United Insurance stock analysis that does not care for the fair value of a company but uses price and volume data only.
United Insurance Moving Average
Moving averages show the UIHC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $19.73 is above the last closing price of $19.35 and the 50 day moving average of $19.34 is below the last closing price of $19.35. The 10 and 20 day periods can predict short term moving average trends.
United Insurance Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like United Insurance. 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 United Insurance bollinger bands.
United Insurance Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The United Insurance MACD indicator can be used to identify bullish and bearish trends for the stock.
United Insurance 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 UIHC stock is 51.9.