FIRST UNITED CORP (FUNC)
US33741H1077 - Common Stock
Taking everything into account, FUNC scores 7 out of 10 in our technical rating. In the last year, FUNC was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: FUNC has an average volume of 22674 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that FUNC is one of the better performing stocks in the market, outperforming 86% of all stocks.
FUNC is part of the Banks industry. There are 411 other stocks in this industry. FUNC outperforms 94% of them.
FUNC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FUNC is performing more or less in line with the market.
In the last month FUNC has a been trading in the 21.72 - 23.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FUNC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 22.41, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.00
24.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.69 to 22.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.21 to 21.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @22.59 from a trend line in the daily time frame.
- A resistance zone ranging from 23.16 to 23.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield1.06
10 Day High22.67
10 Day Low21.72
20 Day High23.08
20 Day Low21.72
52 Week High24.29
52 Week Low12.56
Performance
1 Week1.53%
2 Weeks0.36%
1 Month-1.7%
3 Month-1.4%
6 Month37.99%
12 Month51.04%
2 Year0.49%
3 Year33.1%
5 Year19.03%
10 Year172.64%
15 Year125.2%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)56.56
LBB21.93
UBB22.66
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.60 | 21.71 | 0.89 (3.94%) | 25.00% |
| An entry @22.60. This is a Buy Stop order right above the resistance zone. | An exit @21.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.89 points, which is 3.94%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FIRST UNITED CORP
NASDAQ:FUNC (4/26/2024, 7:00:00 PM)
22.52
+0.24 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.08%
1 Week1.53%
2 Weeks0.36%
1 Month-1.7%
3 Month-1.4%
6 Month37.99%
12 Month51.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%1.83%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.67
10 Day Low21.72
20 Day High23.08
20 Day Low21.72
52 Week High24.29
52 Week Low12.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume29.50K
Volume Incr56.76%
Vol(5)32.34K
Vol(50)22.67K