Unity Bancorp's 15-minute chart has triggered an RSI Oversold signal and a KDJ Golden Cross at 08/20/2025 09:45. This indicates that the stock price has experienced a rapid decline, falling below its fundamental support level. Furthermore, the momentum of the stock price is shifting towards an upward trend, suggesting a potential increase in value.
Unity Bancorp (NASDAQ: UNTY), a holding company for Unity Bank, has shown signs of a potential upward trend in its stock price, as indicated by technical indicators. On August 20, 2025, at 09:45, the 15-minute chart of UNTY triggered both an RSI (Relative Strength Index) Oversold signal and a KDJ (Keltner Channels) Golden Cross [1].
The RSI Oversold signal suggests that the stock price has experienced a rapid decline and may be due for a rebound. Meanwhile, the KDJ Golden Cross indicates a shift in the momentum of the stock price, moving towards an upward trend. These signals combined suggest that Unity Bancorp's stock may be poised for a potential increase in value.
Unity Bancorp has been trading at $23.38 as of September 22, 2023, down 2.34% from the previous day. The stock has been volatile, with a 50-day range of $23.32 to $27.18 and a 52-week range of $20.01 to $29.88. The company's market capitalization stands at $237.07 million, with a P/E ratio of 6.20 and a dividend yield of 2.05% [2].
Analysts have a positive outlook on Unity Bancorp, with a consensus rating of "Buy" and an average price target of $31.75 for the next twelve months. This suggests a possible upside of 35.8% from the current stock price [3].
Unity Bancorp's latest earnings report, released on July 14, 2023, showed earnings per share (EPS) of $0.95, beating analysts' estimates of $0.87. The company's net income for the quarter was $37.51 million, compared to the consensus estimate of $23.75 million. The company's net margin was 30.24%, and its return on equity was 16.72% [4].
The company is scheduled to release its next quarterly earnings on October 13, 2023. Investors should keep an eye on these earnings reports and the stock's technical indicators for potential opportunities.
References:
[1] MarketBeat - NASDAQ:UNTY → Options Trading Plan–Perfect For Beginners (From Tradewins) [URL: https://www.marketbeat.com/stocks/NASDAQ/UNTY/]
[2] MarketBeat - Unity Bancorp (NASDAQ:UNTY) Stock Passes Below 200-Day Moving Average of $23.71 [URL: https://www.marketbeat.com/stocks/NASDAQ/UNTY/]
[3] Yahoo Finance - Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of $0.12 [URL: https://finance.yahoo.com/news/unity-bancorp-nasdaq-nty-has-affirmed-its-dividend-012-2208230732.html]
[4] Yahoo Finance - Unity Bancorp (NASDAQ:UNTY) Reports Q2 Earnings: What Key Metrics Have to Say [URL: https://finance.yahoo.com/news/unity-bancorp-nasdaq-nty-reports-q2-earnings-key-1407232118.html]
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