UNB Stock Summary and Trading Ideas (Union Bankshares | NASDAQ:UNB)

Union Bankshares Inc operates as a community bank in the financial services industry. It offers retail and commercial banking services to its customers through its branches, ATMs, telebanking, and internet banking systems. The company provides retail banking services to individuals and commercial banking services to small and medium-sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts within its market area. In addition, it also offers fiduciary and asset management services through its Asset Management Group. Geographically, all the business activity is functioned through the United States.

Union Bankshares trades on the NASDAQ stock market under the symbol UNB.

As of December 13, 2024, UNB stock price declined to $33.95 with 9,488 million shares trading.

UNB has a market cap of $153.43 million. This is considered a Micro Cap stock.

In the last 3 years, UNB traded as high as $37.70 and as low as $20.07.

The top ETF exchange traded funds that UNB belongs to (by Net Assets): VTI, VXF, IWC, DFAC, DFAT.

UNB has underperformed the market in the last year with a price return of +19.8% while the SPY ETF gained +31.7%. However, in the short term, UNB had mixed performance relative to the market. It has outperformed in the last 3 months, returning +38.8% vs +8.4% return in SPY. But in the last 2 weeks, UNB shares have been beat by the market, returning -2.2% compared to an SPY return of +0.9%.

UNB support price is $33.89 and resistance is $37.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UNB shares will trade within this expected range on the day.