Union Bankshares Technical Analysis (NASDAQ:UNB)
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 UNB stock chart pattern can give those who understand technical analysis an indication of which way UNB stock is headed, but cannot predict with 100% certainty as to what can happen to the Union Bankshares stock price.
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 Union Bankshares. The technical analysis form of Union Bankshares stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Union Bankshares Moving Average
Moving averages show the UNB 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. The 20 day moving average of $51.94 is above the last closing price of $51.3 and the 50 day moving average of $52.12 is above the last closing price of $51.3. The 10 and 20 day periods can predict short term moving average trends.
Union Bankshares 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 UNB stock. Currently the stock price of $51.3 is in the lower range of Union Bankshares bollinger bands.
Union Bankshares 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 Union Bankshares MACD indicator is below 0 indicating a bearish trend.
Union Bankshares 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 UNB stock is 46.81.