UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
USA - NASDAQ:UBSI - US9099071071 - Common Stock
37.43 USD
-0.66 (-1.73%)
37.43 USD
0 (0%)
We assign a technical rating of 4 out of 10 to UBSI. UBSI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
UBSI is one of the lesser performing stocks in the Banks industry. 71% of 392 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, UBSI outperforms 45% of them, which is more or less in line with the market.
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.
In the last month UBSI has a been trading in the 36.68 - 39.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, UBSI 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 a support zone below the current price at 36.33, a Stop Loss order could be placed below this zone.
More info and screens
30.80
39.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.65 to 36.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.59 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.29 from a trend line in the weekly time frame.
- Support @31.11 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.49 to 39.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 UBSI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UBSI is neutral. |
| ChartMill Relative Strength | 45.79 | NEUTRAL | UBSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UBSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UBSI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UBSI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.7 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests UBSI has a negative trend. |
| Stochastics (14,3) | 34.88 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for UBSI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for UBSI 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)
37.43
-0.66 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.73%
1 Week-2.19%
2 Weeks-2.68%
1 Month-0.8%
3 Month6.24%
6 Month8.3%
12 Month0.89%
2 Year35.67%
3 Year4.7%
5 Year74.34%
10 Year-1.47%
15 Year50.38%
Volatility
ATR(14)0.64
ATR(20)%1.85%
ATR Inc-6.47%
Range Today0.45
ADR(20)0.65
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.79
Mansfield-0.89
10 Day High39.11
10 Day Low37.23
20 Day High39.11
20 Day Low36.68
52 Week High44.43
52 Week Low30.51
CS1 End36.33
CR1 Start37.49
Volume & EV
DER(3)-0.34%
DER(5)-0.52%
Volume322.80K
Volume Incr-26.29%
Vol(5)413.72K
Vol(50)677.25K