United Therapeutics Technical Analysis (NASDAQ:UTHR)
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 United Therapeutics 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 UTHR stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for United Therapeutics. Technical analysis uses an approach for United Therapeutics stock analysis that does not care for the fair value of a company but uses price and volume data only.
United Therapeutics Moving Average
Moving averages show the UTHR 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 $123.6 is below the last closing price of $125.86 and the 50 day moving average of $124.06 is below the last closing price of $125.86. The 10 and 20 day periods can predict short term moving average trends.
United Therapeutics Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like United Therapeutics. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $125.86 is in the upper range of United Therapeutics bollinger bands.
United Therapeutics 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 United Therapeutics MACD line is above the signal line.
United Therapeutics 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 . If the RSI of UTHR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.