We assign a technical rating of 1 out of 10 to UNB. UNB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, UNB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.48, a Stop Loss order could be placed below this zone.
21.27
We found 2 important support areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for UNB is neutral. |
| ChartMill Relative Strength | 16.68 | NEGATIVE | UNB has a low relative strength, it was outperformed by 83.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UNB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for UNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests UNB has a positive trend. |
| Stochastics (14,3) | 46.64 | NEUTRAL | The Stochastics value for UNB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for UNB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for UNB suggests a strong trend. |
23.56
+0.25 (+1.07%)
ChartMill assigns a technical rating of 1 / 10 to UNB.
The current trend direction for UNION BANKSHARES INC /VT (UNB) is Bearish.
UNION BANKSHARES INC /VT (UNB) has an RSI value of 53.9611. This indicates that the stock is currently neutral.
The MACD indicator for UNION BANKSHARES INC /VT (UNB) has a value of 0.102986, indicating a bearish trend.