Unitil Corp Technical Analysis (NYSE:UTL)
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. Just by looking at the Unitil Corp 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 UTL stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Unitil Corp. The technical analysis form of Unitil Corp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Unitil Corp Moving Average
Moving averages show the average price of UTL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $50.45 is below the last closing price of $50.75 and the 50 day moving average of $50.69 is below the last closing price of $50.75. The 10 and 20 day periods can predict short term moving average trends.
Unitil Corp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Unitil Corp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $50.75 is in the upper range of Unitil Corp bollinger bands.
Unitil Corp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Unitil Corp MACD indicator is below 0 indicating a bearish trend.
Unitil Corp 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 . 48.86 is the RSI value of UTL stock.