Umpqua Technical Analysis (NASDAQ:UMPQ)
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 UMPQ stock chart pattern can give those who understand technical analysis an indication of which way UMPQ stock is headed, but cannot predict with 100% certainty as to what can happen to the Umpqua stock price.
See Umpqua bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Umpqua stock analysis.
Umpqua Moving Average
Moving averages show the average price of UMPQ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $21.62 is below the price of $22.28.
Umpqua Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Umpqua. 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 upper band in the context of Umpqua bollinger bands.
Umpqua Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Umpqua MACD line is below the signal line.
Umpqua Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of UMPQ stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.