UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
NASDAQ:UBSI • US9099071071
Taking everything into account, UBSI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, UBSI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, UBSI did better than 78% of all other stocks.
- UBSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UBSI is lagging the market slightly.
- UBSI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- UBSI is part of the Banks industry. There are 381 other stocks in this industry, UBSI did better than 70% of them.
UBSI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.80
5 important support areas can be observed.
- Support @42.18 from a trend line in the daily time frame.
- A support zone ranging from 38.38 to 38.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.06 to 37.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.60 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.11 from a horizontal 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 | UP | POSITIVE | The long term trend for UBSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UBSI is up. |
| ChartMill Relative Strength | 78.17 | POSITIVE | UBSI has a high relative strength, it outperformed 78.17% off all stocks 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) | UP | POSITIVE | The current price of UBSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.63 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests UBSI has a negative trend. |
| Stochastics (14,3) | 55.01 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for UBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.77 | POSITIVE | The high ADX value value for UBSI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.93 | 43.34 | 2.59 (5.65%) | 17.70% |
| An entry @45.93. This is a Buy Stop order right above the 10 day high. | An exit @43.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.59 points, which is 5.65%. | When investing 17.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.28
+0.21 (+0.48%)
UNITED BANKSHARES INC / UBSI FAQ
What is the ChartMill technical rating of UNITED BANKSHARES INC (UBSI) stock?
ChartMill assigns a technical rating of 9 / 10 to UBSI.
What is the current trend direction of UNITED BANKSHARES INC (UBSI) stock?
The current trend direction for UNITED BANKSHARES INC (UBSI) is Bullish.
What is the RSI signal for UBSI stock?
UNITED BANKSHARES INC (UBSI) has an RSI value of 62.6295. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UNITED BANKSHARES INC?
The short term momentum for UNITED BANKSHARES INC (UBSI) is positive.
What is the buy/sell signal for UNITED BANKSHARES INC (UBSI) stock?
The buy/sell signal for UNITED BANKSHARES INC (UBSI) is buy as both the short term and long term trends are positive.