RSI low/high Values: [ 25 - 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 UMBF
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Evaluation of UMB Financial Corporation stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 27, 2024 Gain 1.61% PDF

The UMB Financial Corporation stock price gained 1.61% on the last trading day (Thursday, 28th Mar 2024), rising from $85.61 to $86.99. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.50% from a day low at $83.60 to a day high of $87.36. The price has risen in 8 of the last 10 days and is up by 9.74% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 128 thousand more shares were traded than the day before. In total, 302 thousand shares were bought and sold for approximately $26.25 million.

The stock has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $84.05 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $89.49 sometime during the next 3 months.

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UMBF Signals & Forecast

The UMB Financial Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $83.11 and $81.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 10.77%. 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). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 18, 2024 with a target of $82.68. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for UMB Financial Corporation stock

UMB Financial Corporation finds support from accumulated volume at $83.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $3.76 (4.50%) between high and low. For the last week, the stock has had daily average volatility of 2.51%.

Our recommended stop-loss: $83.72 (-3.76%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Monday, 1st we expect UMB Financial Corporation to open at $85.98, and during the day (based on 14 day Average True Range), to move between $84.87 and $89.11, which gives a possible trading interval of +/-$2.12 (+/-2.44%) up or down from last closing price. If UMB Financial Corporation takes out the full calculated possible swing range there will be an estimated 4.88% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $83.44, some $3.55 (4.08%) from the current price of $86.99, our system finds the risk reward attractive.

Is UMB Financial Corporation stock A Buy?

UMB Financial Corporation 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

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 UMB Financial Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$85.98 ( 1.16%) $86.99

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

Trading levels for UMBF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 89.74 3.17 %
R2 88.31 1.51 %
R1 87.42 0.494 %
Current price: 86.99
Support S1 84.55 -2.81 %
S2 83.66 -3.83 %
S3 82.22 -5.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 86.99
Support S1 83.44 -4.08%
S2 82.50 -5.16%
S3 79.42 -8.70%

UMBF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Mar 08, 2024 Apr 01, 2024 $0.390 0.449%
2 Oct 24, 2023 Dec 08, 2023 Jan 02, 2024 $0.390 0.465%
3 Jul 25, 2023 Sep 08, 2023 Oct 02, 2023 $0.380 0.630%
4 Apr 25, 2023 Jun 09, 2023 Jul 03, 2023 $0.380 0.614%
5 Jan 24, 2023 Mar 09, 2023 Apr 03, 2023 $0.380 0.663%

FAQ

What is the symbol for UMB Financial Corporation Stock and on which exchange is it traded?
The symbol for UMB Financial Corporation is UMBF and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell UMB Financial Corporation Stock?
UMB Financial Corporation 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

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

What's the current price of UMB Financial Corporation Stock?
As of the end of day on the 2024-03-28, the price of an UMB Financial Corporation (UMBF) share was $86.99.

What is the 52-week high and low for UMB Financial Corporation Stock?
The 52-week high for UMB Financial Corporation Stock is $87.36 and the 52-week low is $50.68.

What is the market capitalization of UMB Financial Corporation Stock?
As of the 2024-03-28, the market capitalization of UMB Financial Corporation is 4.24B.

When is the next earnings date for UMB Financial Corporation?
The upcoming earnings date for UMB Financial Corporation is Apr 23, 2024.
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About UMB Financial Corporation

UMB Financial UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, accounts receivable financing, mezzanine debt, and minority equity investment; an... UMBF Profile

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