UIL Holdings Technical Analysis (NYSE:UIL)
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 UIL Holdings stock price data and volume are plotted in UIL stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for UIL Holdings. The technical analysis form of UIL Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
UIL Holdings Moving Average
Moving averages show the UIL 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $48.85 is below the price of $50.1.
UIL Holdings Bollinger Bands
Bollinger bands comprise of a center line usually UIL SMA, and two UIL 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. UIL Holdings bollinger bands show that the stock price is $50.1, upper band is 51.63, lower band is 46.06, and the average is 48.85.
UIL Holdings 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 UIL Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
UIL Holdings Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 46.14 is the RSI value of UIL stock.