Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. United Community Banks Inc shares valued at $285,193 were sold by HARRALSON JEFFERSON L on Oct 28 ’24. At $27.76 per share, HARRALSON JEFFERSON L sold 10,275 shares. The insider’s holdings dropped to 43,991 shares worth approximately $1.45 million following the completion of this transaction.
Also, HARRALSON JEFFERSON L purchased 10,275 shares, netting a total of over 290,268 in proceeds.
As published in a research note from Raymond James on December 19, 2024, United Community Banks Inc [UCB] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $35. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid October. As of July 20, 2023, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for UCB. Earlier on April 04, 2023, Stephens initiated its rating. Their recommendation was “an Overweight” for UCB stock.
Analyzing UCB Stock Performance
During the last five days, there has been a surge of approximately 5.04%. Over the course of the year, United Community Banks Inc shares have jumped approximately 1.98%. Shares of the company reached a 52-week high of $33.82 on 01/22/25 and a 52-week low of $29.48 on 01/13/25. A 50-day SMA is recorded $32.62, while a 200-day SMA reached $28.73. Nevertheless, trading volume fell to 0.78 million shares from 1.14 million shares the previous day.
Support And Resistance Levels for United Community Banks Inc (UCB)
According to the 24-hour chart, there is a support level at 32.46, which, if violated, would cause prices to drop to 31.97. In the upper region, resistance lies at 33.63. The next price resistance is at 34.31. RSI (Relative Strength Index) is 57.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.21, which suggests the price will increase in the coming days. Percent R is at 20.05%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
