Univest Corporation Technical Analysis (NASDAQ:UVSP)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Univest Corporation stock price movements is formed, the UVSP stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Univest Corporation. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Univest Corporation stock analysis using these technical indicators helps identify trading opportunities.
Univest Corporation Moving Average:
Moving averages show the average price of UVSP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 UVSP stock price movement for the moving average to change course.
Univest Corporation Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Univest Corporation. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $30.15 is in the lower range of Univest Corporation bollinger bands.
Univest Corporation 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 Univest Corporation MACD line is below the signal line.
Univest Corporation Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of UVSP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .