UNIVEST FINANCIAL CORP (UVSP) Technical Analysis
NASDAQ:UVSP • US9152711001
We assign a technical rating of 4 out of 10 to UVSP. In the last year, UVSP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- 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.
- UVSP 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 UVSP is lagging the market slightly.
- When compared to the yearly performance of all other stocks, UVSP outperforms 65% of them, which is more or less in line with the market.
- UVSP is an average performer in the Banks industry, it outperforms 50% of 379 stocks in the same industry.
- In the last month UVSP has a been trading in the 32.79 - 36.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, UVSP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 35.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.95, a Stop Loss order could be placed below this zone.
More info and screens
28.51
5 important support areas can be observed.
- A support zone ranging from 33.71 to 33.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.27 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.25 from a trend line in the weekly time frame.
- A support zone ranging from 29.96 to 30.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.47 to 35.84. 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 | UP | POSITIVE | The long term trend for UVSP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UVSP is neutral. |
| ChartMill Relative Strength | 65.46 | NEUTRAL | UVSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UVSP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UVSP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UVSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.33 | NEUTRAL | The RSI value for UVSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests UVSP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.12 | NEUTRAL | The Stochastics value for UVSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for UVSP suggests some volalility. |
| Average Directional Index/ADX (14) | 11.42 | NEGATIVE | The low ADX value for UVSP suggests a weak or negative trend. |
UVSP Technicals: Chart, Performance Metrics, Trend & Indicators
34.29
+0.21 (+0.62%)
UNIVEST FINANCIAL CORP / UVSP FAQ
What is the ChartMill technical rating of UNIVEST FINANCIAL CORP (UVSP) stock?
ChartMill assigns a technical rating of 4 / 10 to UVSP.
Can you provide the trend direction for UNIVEST FINANCIAL CORP?
The current trend direction for UNIVEST FINANCIAL CORP (UVSP) is Bullish.
What is the RSI signal for UNIVEST FINANCIAL CORP (UVSP) stock?
UNIVEST FINANCIAL CORP (UVSP) has an RSI value of 49.3339. This indicates that the stock is currently neutral.
What are the support and resistance levels for UNIVEST FINANCIAL CORP (UVSP) stock?
UNIVEST FINANCIAL CORP (UVSP) has a support level at 33.95 and a resistance level at 35.47. Check the full technical report for our detailed analysis of UVSP support and resistance levels.