UMPQUA HOLDINGS CORP (UMPQ)       20.03  -0.22 (-1.09%)

20.03  -0.22 (-1.09%)

US9042141039 - Common Stock

Technical Rating

8

Taking everything into account, UMPQ scores 8 out of 10 in our technical rating. Although UMPQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.



Both the short term and long term trends are positive. This is a very positive sign.
UMPQ is part of the Banks industry. There are 322 other stocks in this industry. UMPQ outperforms 73% of them.
UMPQ 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.
UMPQ has an average volume of 1462220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that UMPQ is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
UMPQ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 5.30% 10.72% 13.96% 5.97% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 88.27 15.77 - 22.06
UMPQ Weekly chart
UMPQ Daily chart

Support/Resistance Analysis


16.40

21.76
When analyzing the support we can see 5 important areas.
  • Support @19.92 from a horizontal line in the daily time frame.
  • Support @18.09 from a horizontal line in the daily time frame.
  • A support zone ranging from 17.63 to 17.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.23 from a horizontal line in the daily time frame.
  • A support zone ranging from 16.57 to 16.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 20.16 to 20.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @20.86 from a horizontal line in the daily time frame.
  • Resistance @21.54 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

8

UMPQ 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. There is a support zone below the current price at 20.24, a Stop Loss order could be placed below this zone.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
20.3519.910.44 (2.16%)25.00%
An entry @20.35. This is a Buy Stop order right above the resistance zone.An exit @19.91. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.44 points, which is 2.16%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%.

  • The distance between exit and entry is rather small compared to the average daily movement of UMPQ. Please evaluate whether better entry and exit points can be found.
  • 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.
UMPQ Daily chart

UMPQUA HOLDINGS CORP20.03

NASDAQ:UMPQ (11/28/2022, 8:55:38 AM)-0.22 (-1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks
Performance
Today -1.09% 1 Week 1.66%
2 Weeks -3.25% 1 Month 5.3%
3 Month 10.72% 6 Month 13.96%
Volatility
ATR(14) 0.41 ATR(20)% 2.16%
ATR Inc -53.59% Range Today 0.04
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 88.27 Mansfield 1.16
10 Day High 21.12 10 Day Low 19.64
20 Day High 21.12 20 Day Low 19.22
52 Week High 22.06 52 Week Low 15.77
CS1 End 20.24 CR1 Start 20.34
Volume & EV
DER(3) 0.77% DER(5) -0.3%
Volume 314 Volume Incr -36.71%
Vol(5) 965.62K Vol(50) 1.46M

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