SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Technical Analysis
- 7/31/2009 1:14:32 PM
By Chip Brian, SmarTrend Analytics Team
United Bankshares (NASDAQ:UBSI) is trading 0.9% lower (down $0.18 to $20.01) today on volume of 79,329 shares. The stock has traded within a 52-week range of $13.15 and $37.00.
United Bankshares is currently below its 200-day moving average of $23.23 and should find support at its 50-day moving average of $19.97.
SmarTrend is bearish on shares of UBSI and our subscribers received a Downtrend alert on May 14, 2009 at $22.63, which has returned 11.6% to date.
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html
|
