Umpqua Holdings (UMPQ) is the Chart of the Day. The financial holdings company had 14 new highs and is up 8.53% in the last month. Analysts released 2 buy, 5 hold and 1 sell recommendation,
Article:
The Chart of the Day is Umpqua Holdings (UMPQ). The stock was near the top of the New High List when sorted for frequency. In the last month the stock hit 14 new highs and is up 8.53% with a Relative Strength Index of 71.85%
It is a financial holding company and engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services.
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 8.53% in the last month
- Relative Strength Index 71.85%
- Barchart computes a technical support level at 14.45
- Recently traded at 14.76 with a 50 day moving average of 13.20
Fundamental factors:
- Market Cap $1.65 billion
- P/E 16.25
- Dividend yield 2.70%
- Revenue projected to decrease 1.80% this year but increase by 3.60% next year
- Earning are estimated to decrease by 1.10% this year then increase 9.80% next year and continue to increase annually by 11.50% for the next 5 years
- Wall Street analysts issued 2 buy, 5 hold and 1 sell recommendation
- Financial Strength B+
In this choppy market sell if the stock drops below its 50 day moving average.
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