UNION BANKSHARES CORP NEW (UBSH) Stock Technical Analysis
NASDAQ:UBSH -
35.28
-0.25 (-0.7%)
35.28
0 (0%)
We assign a technical rating of 3 out of 10 to UBSH. UBSH performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, UBSH is a bad performer in the overall market: 61% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
UBSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UBSH is lagging the market.
In the last month UBSH has a been trading in the 33.45 - 38.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, UBSH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 33.31, a Stop Loss order could be placed below this zone.
More info and screens
30.56
42.41
We found 2 important support areas.
- A support zone ranging from 33.09 to 33.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.87 to 30.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @35.40 from a trend line in the daily time frame.
- A resistance zone ranging from 38.04 to 38.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.99 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 | NEUTRAL | NEUTRAL | The long term trend for UBSH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UBSH is neutral. |
| ChartMill Relative Strength | 39.84 | NEUTRAL | UBSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UBSH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UBSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UBSH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for UBSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests UBSH has a negative trend. |
| Stochastics (14,3) | 16.17 | OVERSOLD | The low Stochastics value suggests UBSH may be oversold. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for UBSH suggests some volalility. |
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)
35.28
-0.25 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week-3.66%
2 Weeks-7.23%
1 Month-0.03%
3 Month-0.65%
6 Month1.61%
12 Month-12.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%3.14%
ATR Inc-14.25%
Range Today0.84
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
CRS39.84
Mansfield-0.58
10 Day High37.95
10 Day Low34.69
20 Day High38.36
20 Day Low33.45
52 Week High42.74
52 Week Low26.48
CS1 End33.31
CR1 Start35.4
Volume & EV
DER(3)-1.46%
DER(5)1.92%
Volume211.20K
Volume Incr-29.07%
Vol(5)225.92K
Vol(50)301.00K