UNB
8/3/2024 07:12pm
**Union Bankshares (UNB) currently does not exhibit strong bullish indicators.** Here's a detailed analysis:
1. **Recent Performance**: Over the past three months, UNB has experienced a significant decline of 10.71% in its stock price. This indicates a recent bearish trend.
|Ticker|Name|Interval Percentage Change|Percentage Change|Closing Price|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|UNB.O|Union Bankshares|-10.707669507224887|||20240503-20240802|UNB|185|
|UNB.O|Union Bankshares||0|24.1|20240802|UNB|185|
2. **Technical Indicators**:
- The Relative Strength Index (RSI) is at 43.87, which is neither in the oversold nor overbought territory. This suggests a lack of strong momentum towards either direction.
- The Moving Average Convergence Divergence (MACD) is at -0.11, indicating a potential bearish signal. The 5-Day, 10-Day, and 20-Day Moving Averages are 24.42, 24.91, and 23.9, respectively, which suggests a slight uptrend but overall, the stock is trading near its 20-Day Moving Average.
|Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|UNB.O|Union Bankshares|24.4200|23.9010|24.9130|20240802|UNB|185|
- The stock is trading at a Price-to-Earnings (P/E) ratio of 10.18, which is relatively high compared to some other banks, indicating that investors are willing to pay a premium for the company's earnings.
|Ticker|Name|Price to Book Ratio|P/S|P/E(TTM)|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|UNB.O|Union Bankshares|1.70663270134754||10.182041|20240802|UNB|185|
3. **Support and Resistance Levels**: The current support level is at $23.65, and the resistance level is at $24.57. This narrow range suggests that the stock is consolidating and not showing strong buying or selling pressure.
|Ticker|Name|Support Level (Narrow)|Resistance Level (Narrow)|Date|code|market_code|
|---|---|---|---|---|---|---|
|UNB.O|Union Bankshares|23.6536|24.5718|20240802|UNB|185|
4. **Dividend and Fund Flow**: UNB has announced a dividend of $0.36 per share, which yields 5.8%, indicating a strong dividend payout. The net fund flow for the day is $9,920, which shows some investor interest.
5. **Analyst Ratings and Price Targets**: There is no consensus rating or average price target available, which could indicate a lack of recent analyst coverage or a neutral sentiment.
|Ticker|Name|Consensus Rating|Average Price Target|Date|code|market_code|
|---|---|---|---|---|---|---|
|UNB.O|Union Bankshares|||20240802|UNB|185|
In conclusion, while UNB has a solid dividend and some positive technical indicators, the recent price decline and lack of strong bullish signals from analysts suggest that the stock may not be the most attractive option at the moment.