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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Unity Bancorp, Inc. (NASDAQ:UNTY)

Bull Market Weakness (+75) - UNTY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UNTY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid UNTY?

MarketClub looks at technical strength and momentum to determine if the timing is right for UNTY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_UNTY
Open High Low UNTY Price Change
27.45 27.15 26.80 27.10 -0.64
Entry Signal

MarketClub’s Trade Triangles for UNTY

long term up The long-term trend has been UP since Jul 14th, 2023 at 24.34

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 26.35

short term up The short-term trend has been UP since Apr 12th, 2024 at 26.60

Smart Scan Analysis for UNTY

Based on our trend formula, UNTY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for UNTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.45 27.15 26.80 27.10 -0.64
Prev. Close Volume Bid Ask Time
27.25 5905 2024-04-25 15:50:09
Year High25.5Year High Date2018-07-27
Year Low19.5Year Low Date2018-01-09
52wk High30.752wk High Date2024-01-22
52wk Low20.0152wk Low Date2023-05-04
Year End Close6.239Average Volume16,690
Shares Outstanding10,141Short Interest1,831
% Institutional12.1Market Cap221M
Assets257,850,700MLiabilities231,707,700M
P/E Ratio7.224Beta0.2
Volatility49.92
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