U.S. Physical Therapy Technical Analysis (NYSE:USPH)
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. 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:
USPH stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of U.S. Physical Therapy chart patterns after the calculations remain the same. The 100 day moving average of 63.4 is above the last closing price of 59.25. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer USPH stock price movement for the moving average to change course.
U.S. Physical Therapy Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of U.S. Physical Therapy stock price relative to previous trades. Currently the stock price of $59.25 is in the lower range 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 is below 0 indicating a bearish trend.
U.S. Physical Therapy Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of USPH stock is 26.95. .