RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UBOH
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United Bancshares stock price up 0.265% on Thursday
(Updated on Mar 28, 2024)

Hold candidate since Mar 26, 2024 Gain 0.27% PDF

The United Bancshares stock price gained 0.265% on the last trading day (Thursday, 28th Mar 2024), rising from $18.85 to $18.90. During the last trading day the stock fluctuated 1.06% from a day low at $18.80 to a day high of $19.00. The price has been going up and down for this period, and there has been a -0.53% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $36.36 thousand.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect United Bancshares stock with a 90% probability to be traded between $18.48 and $19.93 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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UBOH Signals & Forecast

There are mixed signals in the stock today. The United Bancshares stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $18.98 and $19.01. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.265%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). United Bancshares has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for United Bancshares stock

United Bancshares finds support from accumulated volume at $18.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.200 between high and low, or 1.06%. For the last week the stock has had daily average volatility of 0.266%.

Our recommended stop-loss: $17.76 (-6.01%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (UBOH) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect United Bancshares to open at $18.90, and during the day (based on 14 day Average True Range), to move between $18.78 and $19.02, which gives a possible trading interval of +/-$0.120 (+/-0.63%) up or down from last closing price. If United Bancshares takes out the full calculated possible swing range there will be an estimated 1.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.88 (0.11%) than the resistance at $19.00 (0.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is United Bancshares stock A Buy?

United Bancshares holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for United Bancshares of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$18.90 ( 0.0002%) $18.90

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UBOH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.10 1.06 %
R2 19.02 0.654 %
R1 18.98 0.404 %
Current price: 18.90
Support S1 18.82 -0.404 %
S2 18.78 -0.653 %
S3 18.70 -1.06 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.30 2.12 %
R2 19.10 1.06 %
R1 19.00 0.529 %
Current price 18.90
Support S1 18.88 -0.106%
S2 18.86 -0.212%
S3 18.50 -2.12%

UBOH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 18, 2024 Feb 28, 2024 Mar 15, 2024 $0.220 1.16%
2 Oct 19, 2023 Nov 29, 2023 Dec 15, 2023 $0.220 1.14%
3 Apr 20, 2023 May 30, 2023 Jun 15, 2023 $0.220 1.15%
4 Jan 19, 2023 Feb 27, 2023 Mar 15, 2023 $0.220 1.05%
5 Nov 29, 2022 Nov 29, 2022 Nov 29, 2022 $0.210 1.13%

FAQ

What is the symbol for United Bancshares Stock and on which exchange is it traded?
The symbol for United Bancshares is UBOH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell United Bancshares Stock?
United Bancshares holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy United Bancshares Stock?
United Bancshares Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy United Bancshares Stock.

What's the current price of United Bancshares Stock?
As of the end of day on the 2024-03-28, the price of an United Bancshares (UBOH) share was $18.90.

What is the 52-week high and low for United Bancshares Stock?
The 52-week high for United Bancshares Stock is $20.05 and the 52-week low is $17.00.

What is the market capitalization of United Bancshares Stock?
As of the 2024-03-28, the market capitalization of United Bancshares is 57.178M.

When is the next earnings date for United Bancshares?
The upcoming earnings date for United Bancshares is Apr 18, 2024.
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About United Bancshares

United Bancshares United Bancshares, Inc. operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit. Its loan products include commercial and residential real estate, agricultural, commercial and i... UBOH Profile

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