Universal Technical Analysis (NYSE:UVV)
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 Universal 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 UVV stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Universal. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Universal stock analysis.
Universal Moving Average
Moving averages help predict the price direction of UVV stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Universal are mostly signals of long term trends and will help long term traders.
Universal Bollinger Bands
Bollinger bands comprise of a center line usually UVV SMA, and two UVV stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Universal bollinger bands show that the stock price is $47, upper band is 52.18, lower band is 45.94, and the average is 49.06.
Universal 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 Universal MACD indicator can be used to identify bullish and bearish trends for the stock.
Universal Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 45.45 is the RSI value of UVV stock.