UNION BANKSHARES INC /VT (UNB) Stock Technical Analysis
NASDAQ:UNB - Nasdaq - US9054001071 - Common Stock - Currency: USD
Overall UNB gets a technical rating of 1 out of 10. UNB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
UNB is part of the Banks industry. There are 395 other stocks in this industry, of which 77% are performing better than UNB.
UNB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: UNB has an average volume of 19282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, UNB outperforms 48% of them, which is more or less in line with the market.
UNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNB is lagging the market.
UNB has a poor technical rating and the quality of the setup is also not perfect 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
22.29
35.63
3 important support areas can be observed.
- A support zone ranging from 25.65 to 25.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.04 from a horizontal line in the daily time frame.
- Support @22.52 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @28.98 from a horizontal line in the daily time frame.
- Resistance @35.28 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for UNB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNB is down. |
| ChartMill Relative Strength | 48.32 | NEUTRAL | UNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UNB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.61 | NEUTRAL | The RSI value for UNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.37 | NEUTRAL | The Stochastics value for UNB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for UNB suggests some volalility. |
| Average Directional Index/ADX (14) | 50.59 | POSITIVE | The high ADX value value for UNB suggests a strong 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)
26.33
+0.29 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.11%
1 Week1.62%
2 Weeks-7.22%
1 Month-12.79%
3 Month-16.99%
6 Month-7.94%
12 Month22.58%
2 Year13.25%
3 Year0.69%
5 Year40.65%
10 Year0.77%
15 Year44.27%
Volatility
ATR(14)0.98
ATR(20)%3.65%
ATR Inc0.87%
Range Today0.72
ADR(20)0.86
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.32
Mansfield-1.48
10 Day High28.71
10 Day Low24.97
20 Day High30.31
20 Day Low24.97
52 Week High37.7
52 Week Low21
CS1 End25.91
CR1 Start28.98
Volume & EV
DER(3)-3.18%
DER(5)-0.29%
Volume419.20K
Volume Incr1054.92%
Vol(5)96.84K
Vol(50)19.28K