YuMe Technical Analysis (NYSE:YUME)
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. The YUME stock chart pattern can give those who understand technical analysis an indication of which way YUME stock is headed, but cannot predict with 100% certainty as to what can happen to the YuMe stock price.
See YuMe bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 YuMe stock analysis.
YuMe Moving Average
Moving averages show the average price of YUME stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $4.37 is above the price of $3.7.
YuMe Bollinger Bands
Bollinger bands comprise of a center line usually YUME SMA, and two YUME 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. The stock price is trading between the average and the lower band in the context of YuMe bollinger bands.
YuMe 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 YuMe MACD indicator is above 0 indicating a bullish trend.
YuMe Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of YUME stock is 21.09.