Overall UBSI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UBSI is only an average performer.
- The long and short term trends are both positive. This is looking good!
- 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.
- In the last month UBSI has a been trading in the 37.92 - 43.77 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, UBSI did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- UBSI is an average performer in the Banks industry, it outperforms 54% of 383 stocks in the same industry.
Although UBSI has an excellent technical rating, it does not offer a high quality setup 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
When analyzing the support we can see 5 important areas.
- A support zone ranging from 40.00 to 40.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 38.38 to 39.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.02 to 37.06. 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.
We found 1 important resistance area.
- Resistance @41.47 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 | 72.01 | POSITIVE | UBSI has a high relative strength, it outperformed 72.01% 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) | 59.3 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests UBSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.76 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for UBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.25 | POSITIVE | The high ADX value value for UBSI suggests a strong trend. |
41.46
-1.29 (-3.02%)
UNITED BANKSHARES INC / UBSI FAQ
What is the ChartMill technical rating of UNITED BANKSHARES INC (UBSI) stock?
ChartMill assigns a technical rating of 8 / 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 59.2986. 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.