YuMe Technical Analysis (NYSE:YUME)
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. When a chart pattern that can predict future YuMe stock price movements is formed, the YUME stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for YuMe. Technical analysis uses an approach for YuMe stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
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. Moving averages can be used for YUME trend identification. A rising moving average shows that stock prices are generally increasing.
YuMe Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like YuMe. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $4.49 is in the lower range of YuMe bollinger bands.
YuMe 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 YuMe MACD indicator is above 0 indicating a bullish trend.
YuMe Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of YUME stock is 69.67. .