Unilever Technical Analysis (NYSE:UN)
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 UN stock chart pattern can give those who understand technical analysis an indication of which way UN stock is headed, but cannot predict with 100% certainty as to what can happen to the Unilever stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Unilever. 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 Unilever stock analysis.
Unilever Moving Average
Moving averages show the average price of UN 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 $56.11 is above the price of $54.59.
Unilever Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Unilever. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $54.59 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 line is below the signal line.
Unilever 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 UN stock is 38.65.