UNITED COMMUNITY BANKS INC. - Daily - Technical analysis published on 10/01/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 26.51 USD
My targets
28.69 USD (+1.20%)
29.74 USD (+4.90%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNITED COMMUNITY BANKS INC. as long as the price remains well above 26.51 USD. The buyers” bullish objective is set at 28.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.74 USD. If there is any crossing, the next objective would be the resistance located at 32.21 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNITED COMMUNITY BANKS INC. price is 28.35 USD. On the day, this instrument lost -0.91% with the lowest point at 28.29 USD and the highest point at 28.71 USD. The deviation from the price is +0.21% for the low point and -1.25% for the high point.28.29
28.71
28.35
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of UNITED COMMUNITY BANKS INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.39 | 25.63 | 26.51 | 28.35 | 28.69 | 29.74 | 32.21 |
| Change (%) | -17.50% | -9.59% | -6.49% | - | +1.20% | +4.90% | +13.62% |
| Change | -4.96 | -2.72 | -1.84 | - | +0.34 | +1.39 | +3.86 |
| Level | Major | Major | Intermediate | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.07 | 28.22 | 28.42 | 28.57 | 28.77 | 28.92 | 29.12 |
| Camarilla | 28.52 | 28.55 | 28.58 | 28.62 | 28.65 | 28.68 | 28.71 |
| Woodie | 28.09 | 28.23 | 28.44 | 28.58 | 28.79 | 28.93 | 29.14 |
| Fibonacci | 28.22 | 28.35 | 28.44 | 28.57 | 28.70 | 28.79 | 28.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.76 | 26.37 | 27.49 | 28.11 | 29.23 | 29.84 | 30.96 |
| Camarilla | 28.14 | 28.30 | 28.46 | 28.62 | 28.77 | 28.93 | 29.09 |
| Woodie | 26.01 | 26.50 | 27.75 | 28.23 | 29.48 | 29.97 | 31.22 |
| Fibonacci | 26.37 | 27.03 | 27.44 | 28.11 | 28.77 | 29.18 | 29.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.40 | 23.34 | 24.88 | 26.82 | 28.36 | 30.30 | 31.84 |
| Camarilla | 25.45 | 25.77 | 26.09 | 26.41 | 26.73 | 27.05 | 27.37 |
| Woodie | 21.19 | 23.24 | 24.67 | 26.72 | 28.15 | 30.20 | 31.63 |
| Fibonacci | 23.34 | 24.67 | 25.49 | 26.82 | 28.15 | 28.97 | 30.30 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.49 | |
| MACD (12,26,9): | 0.3700 | |
| Directional Movement: | 6.31 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 28.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.08 | |
| Elder Ray (13): | 0.65 | |
| Super Trend (3,10): | 26.44 | |
| Zig ZAG (10): | 28.35 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 91.34 | |
| TEMA (21): | 28.40 | |
| Williams %R (14): | -14.31 | |
| Chande Momentum Oscillator (20): | 0.82 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 8.41 |
| MA7: | 28.00 | |
| MA20: | 27.47 | |
| MA50: | 27.24 | |
| MA100: | 27.43 | |
| MAexp7: | 28.11 | |
| MAexp20: | 27.63 | |
| MAexp50: | 27.37 | |
| MAexp100: | 27.25 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | +3.20% | |
| Price / MA50: | +4.07% | |
| Price / MA100: | +3.35% | |
| Price / MAexp7: | +0.85% | |
| Price / MAexp20: | +2.61% | |
| Price / MAexp50: | +3.58% | |
| Price / MAexp100: | +4.04% |
News
Don"t forget to follow the news on UNITED COMMUNITY BANKS INC.. At the time of publication of this analysis, the latest news was as follows:
- Investor Network: United Community Banks, Inc. to Host Earnings Call
- United Community Banks, Inc. Announces Fourth Quarter Earnings
- United Community Banks, Inc. Announces Date for Fourth Quarter and Full Year 2016 Earnings Release and Conference Call
- United Community Banks, Inc. Announces Chief Financial Officer’s Retirement in 2017
- United Community Banks, Inc. to Participate in the 2016 Sandler O’Neill + Partners, L.P. East Coast Financial Services Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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