FIRST UNITED CORP (FUNC) Stock Technical Analysis
USA - NASDAQ:FUNC - US33741H1077 - Common Stock
34.02 USD
-0.09 (-0.26%)
34.02 USD
0 (0%)
We assign a technical rating of 4 out of 10 to FUNC. In the last year, FUNC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month FUNC has a been trading in the 33.86 - 38.51 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FUNC has an average volume of 20858 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FUNC is one of the better performing stocks in the Banks industry, it outperforms 70% of 391 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, FUNC turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
FUNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUNC is lagging the market.
FUNC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.28
38.80
4 important support areas can be observed.
- A support zone ranging from 34.01 to 34.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.52 from a trend line in the daily time frame.
- Support @31.96 from a trend line in the weekly time frame.
- Support @30.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.21 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.91 to 38.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FUNC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUNC is down. |
| ChartMill Relative Strength | 53.24 | NEUTRAL | FUNC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FUNC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FUNC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FUNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.42 | NEUTRAL | The RSI value for FUNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests FUNC has a negative trend. |
| Stochastics (14,3) | 15.6 | OVERSOLD | The low Stochastics value suggests FUNC may be oversold. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FUNC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for FUNC suggests a possible start of a new trend. |
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)
34.02
-0.09 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.26%
1 Week-1.99%
2 Weeks-5.84%
1 Month-10.92%
3 Month-2.33%
6 Month21.5%
12 Month7.9%
2 Year107.95%
3 Year79.34%
5 Year185.4%
10 Year293.75%
15 Year717.79%
Volatility
ATR(14)0.94
ATR(20)%2.63%
ATR Inc47.23%
Range Today0.49
ADR(20)0.86
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.24
Mansfield-0.7
10 Day High37.04
10 Day Low33.86
20 Day High38.51
20 Day Low33.86
52 Week High42.5
52 Week Low24.66
CS1 End34.01
CR1 Start35.21
Volume & EV
DER(3)-5.09%
DER(5)-0.79%
Volume14.60K
Volume Incr8.38%
Vol(5)24.50K
Vol(50)20.86K