UNITY BANCORP INC (UNTY) Stock Technical Analysis
NASDAQ:UNTY - Nasdaq - US9132901029 - Common Stock - Currency: USD
Overall UNTY gets a technical rating of 5 out of 10. Although UNTY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
UNTY is part of the Banks industry. There are 398 other stocks in this industry. UNTY outperforms 86% of them.
In the last month UNTY has a been trading in the 36.65 - 43.99 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that UNTY is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by UNTY over the past year are nicely spread over this period. However, UNTY's most recent performance is quite weak.
UNTY 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.
UNTY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.66, a Stop Loss order could be placed below this zone.
More info and screens
29.40
47.63
We found 2 important support areas.
- A support zone ranging from 38.72 to 39.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.88 to 42.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.16 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.54
Mansfield1.74
10 Day High43.99
10 Day Low38.02
20 Day High43.99
20 Day Low36.65
52 Week High51.22
52 Week Low25.6
Performance
1 Week2.95%
2 Weeks4.54%
1 Month-0.19%
3 Month-12.84%
6 Month9.12%
12 Month51.59%
2 Year80.86%
3 Year45.13%
5 Year191.57%
10 Year348.77%
15 Year662.66%
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)52.16
LBB38.45
UBB42.35
41.87
-0.13 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.31%
1 Week2.95%
2 Weeks4.54%
1 Month-0.19%
3 Month-12.84%
6 Month9.12%
12 Month51.59%
2 Year80.86%
3 Year45.13%
5 Year191.57%
10 Year348.77%
15 Year662.66%
Volatility
ATR(14)2.3
ATR(20)%4.68%
ATR Inc2.88%
Range Today2.6
ADR(20)1.88
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.54
Mansfield1.74
10 Day High43.99
10 Day Low38.02
20 Day High43.99
20 Day Low36.65
52 Week High51.22
52 Week Low25.6
CS1 End39.66
CR1 Start41.88
Volume & EV
DER(3)-0.18%
DER(5)-1.41%
Volume24.90K
Volume Incr-22.04%
Vol(5)29.60K
Vol(50)34.99K