U.S. Physical Therapy Technical Analysis (NYSE:USPH)
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. Just by looking at the U.S. Physical Therapy stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the USPH stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for U.S. Physical Therapy. Technical analysis uses an approach for U.S. Physical Therapy stock analysis that does not care for the fair value of a company but uses price and volume data only.
U.S. Physical Therapy Moving Average
Moving averages show the USPH 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 U.S. Physical Therapy are mostly signals of long term trends and will help long term traders.
U.S. Physical Therapy 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 USPH stock. The stock price is trading between the average and the upper band in the context of U.S. Physical Therapy bollinger bands.
U.S. Physical Therapy 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 U.S. Physical Therapy MACD indicator can be used to identify bullish and bearish trends for the stock.
U.S. Physical Therapy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 46.78 is the RSI value of USPH stock.