UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
USA - NASDAQ:UBSI - US9099071071 - Common Stock
36.08 USD
+0.55 (+1.55%)
36.14 USD
+0.06 (+0.17%)
Overall UBSI gets a technical rating of 1 out of 10. UBSI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, UBSI is a bad performer in the overall market: 71% of all stocks are doing better.
UBSI is one of the lesser performing stocks in the Banks industry. 66% of 391 stocks in the same industry do better.
In the last month UBSI has a been trading in the 35.50 - 38.07 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
UBSI has a poor technical rating and the quality of the setup is also only medium 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
39.29
3 important support areas can be observed.
- Support @35.65 from a horizontal line in the daily time frame.
- 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.
- 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 2 important areas.
- A resistance zone ranging from 36.82 to 37.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.60 to 38.90. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for UBSI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UBSI is down. |
| ChartMill Relative Strength | 29.49 | NEGATIVE | UBSI has a low relative strength, it was outperformed by 70.51% off all stocks 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) | UP | MIXED | The current price of UBSI is below 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) | 39.99 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests UBSI has a negative trend. |
| Stochastics (14,3) | 18.88 | OVERSOLD | The low Stochastics value suggests UBSI may be oversold. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for UBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.66 | 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)
36.08
+0.55 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.55%
1 Week-3.99%
2 Weeks-3.11%
1 Month-2.88%
3 Month-3.27%
6 Month7.67%
12 Month-4.32%
2 Year26.86%
3 Year-14.81%
5 Year37.55%
10 Year-8.77%
15 Year35.03%
Volatility
ATR(14)0.72
ATR(20)%2.07%
ATR Inc112.04%
Range Today0.57
ADR(20)0.72
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.49
Mansfield-1.17
10 Day High38.07
10 Day Low35.5
20 Day High38.07
20 Day Low35.5
52 Week High44.43
52 Week Low30.51
CS1 End35.65
CR1 Start36.82
Volume & EV
DER(3)-2.02%
DER(5)0.01%
Volume657.90K
Volume Incr6.87%
Vol(5)689.38K
Vol(50)609.75K