UNITED BANCSHARES INC/OHIO (UBOH) Stock Technical Analysis
NASDAQ:UBOH - US9094581017 - Common Stock
19.65 USD
-1.55 (-7.31%)
Taking everything into account, UBOH scores 0 out of 10 in our technical rating. UBOH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than UBOH.
UBOH is part of the Banks industry. There are 391 other stocks in this industry, of which 93% are performing better than UBOH.
UBOH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month UBOH has a been trading in the 19.35 - 24.51 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: UBOH has an average volume of 4586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of UBOH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.45
34.81
2 important resistance areas can be observed.
- A resistance zone ranging from 25.04 to 25.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.47 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for UBOH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UBOH is down. |
| ChartMill Relative Strength | 15.22 | NEGATIVE | UBOH has a low relative strength, it was outperformed by 84.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UBOH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UBOH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UBOH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.02 | NEUTRAL | The RSI value for UBOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests UBOH has a negative trend. |
| Stochastics (14,3) | 23.87 | NEUTRAL | The Stochastics value for UBOH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for UBOH suggests high volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for UBOH suggests a strong 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)
NASDAQ:UBOH (8/26/2022, 8:07:50 PM)
19.65
-1.55 (-7.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-7.31%
1 Week-9.24%
2 Weeks-16.38%
1 Month-16.77%
3 Month-37.06%
6 Month-41.74%
12 Month-37.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%5.28%
ATR Inc28.69%
Range Today2.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.22
Mansfield-3.01
10 Day High23.43
10 Day Low19.35
20 Day High24.51
20 Day Low19.35
52 Week High35.4
52 Week Low19.35
CS1 EndN/A
CR1 Start25.04
Volume & EV
DER(3)7.42%
DER(5)-5.41%
Volume37.40K
Volume Incr180.73%
Vol(5)10.78K
Vol(50)4.59K