United Bankshares: The Trend Continues Up (UBSI)
Thursday, March 4, 2010 - 21:17
Written on Thu, 03/04/2010 - 9:17pm
By Chip Brian

SmarTrend identified an Uptrend for United Bankshares (NASDAQ:UBSI) on December 17, 2009 at $19.24. In approximately 3 months, United Bankshares has returned 31.2% as of Thursday's closing price of $25.24.
United Bankshares is currently above its 50-day moving average of $22.60 and above its 200-day moving average of $20.12. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of United Bankshares shares.

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