Unilever Technical Analysis (NYSE:UL)
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 Unilever stock price data and volume are plotted in UL stock charts and these trading charts form the basis of technical analysis.
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 Unilever. Technical analysis uses an approach for Unilever stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Unilever Moving Average:
Moving averages show the average price of UL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Unilever are mostly signals of long term trends and will help long term traders.
Unilever 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 UL stock. Currently the stock price of $59.23 is in the lower range of Unilever bollinger bands.
Unilever 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 Unilever MACD indicator is above 0 indicating a bullish trend.
Unilever 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 . 61.88 is the RSI value of UL stock. .