UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
NASDAQ:UBSI - Nasdaq - US9099071071 - Common Stock - Currency: USD
Taking everything into account, UBSI scores 5 out of 10 in our technical rating. UBSI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month UBSI has a been trading in the 35.34 - 37.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, UBSI outperforms 68% of them, which is more or less in line with the market.
UBSI is part of the Banks industry. There are 396 other stocks in this industry, UBSI did better than 45% of them.
UBSI 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 UBSI is lagging the market slightly.
Although the technical rating is only medium, UBSI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
30.80
38.83
When analyzing the support we can see 2 important areas.
- Support @32.29 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 36.11 to 36.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for UBSI is neutral. |
| ChartMill Relative Strength | 68.35 | NEUTRAL | UBSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UBSI is below 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) | 48.14 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests UBSI has a negative trend. |
| Stochastics (14,3) | 24.29 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for UBSI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.61 | 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)
35.65
-0.07 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.2%
1 Week-2.01%
2 Weeks-1.14%
1 Month1.77%
3 Month1.62%
6 Month-14.49%
12 Month11.86%
2 Year20.16%
3 Year1.65%
5 Year28.89%
10 Year-11.38%
15 Year48.91%
Volatility
ATR(14)0.64
ATR(20)%1.98%
ATR Inc-2.96%
Range Today0.49
ADR(20)0.64
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.35
Mansfield-0.62
10 Day High36.88
10 Day Low35.37
20 Day High37.46
20 Day Low35.34
52 Week High44.43
52 Week Low30.51
CS1 End32.29
CR1 Start36.11
Volume & EV
DER(3)-0.03%
DER(5)-0.99%
Volume459.01K
Volume Incr-6.52%
Vol(5)507.14K
Vol(50)777.57K