UNITED BANKSHARES INC (UBSI) Stock Technical Analysis
NASDAQ:UBSI • US9099071071
Overall UBSI gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UBSI is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that UBSI is one of the better performing stocks in the market, outperforming 76% of all stocks.
- UBSI is part of the Banks industry. There are 379 other stocks in this industry. UBSI outperforms 71% of them.
- 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 41.70 - 45.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
UBSI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
We found 6 important support areas.
- Support @42.64 from a trend line in the daily time frame.
- Support @38.38 from a horizontal line in the daily time frame.
- Support @37.66 from a trend line in the weekly time frame.
- Support @37.06 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.
- 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 | NEUTRAL | NEUTRAL | The short term trend for UBSI is neutral. |
| ChartMill Relative Strength | 76.37 | POSITIVE | UBSI has a high relative strength, it outperformed 76.37% off all stocks 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) | UP | POSITIVE | The current price of UBSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.83 | NEUTRAL | The RSI value for UBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests UBSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.23 | NEUTRAL | The Stochastics value for UBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for UBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for UBSI suggests a possible start of a new 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 |
|---|---|---|---|
| 44.96 | 42.63 | 2.33 (5.18%) | 19.30% |
| An entry @44.96. This is a Buy Stop order right above the 10 day high. | An exit @42.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.33 points, which is 5.18%. | For a 1.00% total portfolio risk, you can invest 19.30% of your capital in this trade. |
- 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.
43.58
+0.52 (+1.21%)
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 54.8343. 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 neutral.