UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
NASDAQ:UBSI - Nasdaq - US9099071071 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to UBSI. In the past year, UBSI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month UBSI has a been trading in the 34.34 - 37.25 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, UBSI turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
UBSI is part of the Banks industry. There are 395 other stocks in this industry, UBSI did better than 42% of them.
UBSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UBSI is lagging the market.
Volume is considerably higher in the last couple of days.
UBSI has an average technical rating and the quality of the presented setup is also not ideal 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
30.80
38.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.05 to 35.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.51 from a trend line in the weekly time frame.
- A support zone ranging from 31.11 to 31.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 36.50 to 36.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.23 to 37.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.45 from a horizontal line in the daily 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 UBSI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UBSI is up. |
| ChartMill Relative Strength | 64.57 | NEUTRAL | UBSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UBSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UBSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UBSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UBSI has a positive trend. |
| Stochastics (14,3) | 71.59 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for UBSI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for UBSI suggests a weak or negative 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)
36.43
-0.33 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.9%
1 Week4.29%
2 Weeks0.28%
1 Month0.14%
3 Month5.9%
6 Month-3.8%
12 Month12.3%
2 Year22.78%
3 Year3.88%
5 Year31.71%
10 Year-9.45%
15 Year52.17%
Volatility
ATR(14)0.73
ATR(20)%1.94%
ATR Inc-8.6%
Range Today0.6
ADR(20)0.64
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.57
Mansfield-0.76
10 Day High36.88
10 Day Low34.34
20 Day High37.25
20 Day Low34.34
52 Week High44.43
52 Week Low30.51
CS1 End35.93
CR1 Start36.5
Volume & EV
DER(3)0.89%
DER(5)0.94%
Volume2.41M
Volume Incr102.7%
Vol(5)1.31M
Vol(50)772.01K