UMB Financial Technical Analysis (NASDAQ:UMBF)
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 UMB Financial stock price data and volume are plotted in UMBF 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 UMB Financial. Technical analysis uses an approach for UMB Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
UMB Financial Moving Average
Moving averages help predict the price direction of UMBF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $77.44 is below the last closing price of $77.65 and the 50 day moving average of $78.09 is above the last closing price of $77.65. The 10 and 20 day periods can predict short term moving average trends.
UMB Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like UMB Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $77.65 is in the upper range of UMB Financial bollinger bands.
UMB Financial 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 UMB Financial MACD line is above the signal line.
UMB Financial 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 . The relative strength index of UMBF stock is 57.66.