FIRST UNITED CORP (FUNC) Technical Analysis
NASDAQ:FUNC • US33741H1077
Current stock price
FUNC Technical Rating and Analysis
Taking everything into account, FUNC scores 3 out of 10 in our technical rating. FUNC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Warning: FUNC has an average volume of 14316 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FUNC has a been trading in the 35.20 - 37.40 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that FUNC is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FUNC is an average performer in the Banks industry, it outperforms 59% of 380 stocks in the same industry.
- FUNC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUNC is lagging the market slightly.
FUNC Weekly and Daily overview Charts
FUNC Setup Rating and Analysis
FUNC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 36.74, a Stop Loss order could be placed below this zone.
More info and screens
FUNC Support and Resistance Analysis
33.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.04 to 36.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.11 to 35.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.18 to 34.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @38.11 from a trend line in the daily time frame.
- A resistance zone ranging from 40.37 to 40.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
FUNC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for FUNC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FUNC is neutral. |
| ChartMill Relative Strength | 71.26 | POSITIVE | FUNC has a high relative strength, it outperformed 71.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FUNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FUNC is below a declining 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) | 52.97 | NEUTRAL | The RSI value for FUNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests FUNC has a positive trend. |
| Stochastics (14,3) | 64.35 | NEUTRAL | The Stochastics value for FUNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for FUNC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for FUNC suggests a weak or negative trend. |
FUNC Chart- and CandleStick Pattern Analysis
FUNC Technicals: Chart, Performance Metrics, Trend & Indicators
36.78
+0.08 (+0.22%)
FIRST UNITED CORP / FUNC TA FAQ
Can you provide the ChartMill technical rating for FIRST UNITED CORP?
ChartMill assigns a technical rating of 3 / 10 to FUNC.
What is the trend direction for FUNC stock?
The current trend direction for FIRST UNITED CORP (FUNC) is Bearish.
What is the RSI signal for FIRST UNITED CORP (FUNC) stock?
FIRST UNITED CORP (FUNC) has an RSI value of 52.9707. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST UNITED CORP (FUNC) stock?
The MACD indicator for FIRST UNITED CORP (FUNC) has a value of 0.171436, indicating a bearish trend.
Can you provide the short term momentum for FIRST UNITED CORP?
The short term momentum for FIRST UNITED CORP (FUNC) is neutral.