URBAN ONE-D Technical Analysis (NASDAQ:UONEK)
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 URBAN ONE-D stock price data and volume are plotted in UONEK stock charts and these trading charts form the basis of technical analysis.
See URBAN ONE-D bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of URBAN ONE-D stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
URBAN ONE-D Moving Average
Moving averages show the UONEK 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for URBAN ONE-D are mostly signals of long term trends and will help long term traders.
URBAN ONE-D Bollinger Bands
Bollinger bands comprise of a center line usually UONEK SMA, and two UONEK stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. URBAN ONE-D bollinger bands show that the stock price is $1.75, upper band is 1.97, lower band is 1.65, and the average is 1.81.
URBAN ONE-D 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 URBAN ONE-D MACD indicator is below 0 indicating a bearish trend.
URBAN ONE-D 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 UONEK stock is 45.