Is First United Corp (FUNC) a Stock to Watch After Losing 0.00% This Week?

Tuesday, December 13, 2022 02:28 PM | InvestorsObserver Analysts

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Is First United Corp (FUNC) a Stock to Watch After Losing 0.00% This Week?

Overall market sentiment has been down on First United Corp (FUNC) stock lately. FUNC receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

First United Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FUNC!

See Full FUNC Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With FUNC Stock Today?

First United Corp (FUNC) stock is trading at $20.00 as of 11:53 AM on Tuesday, Dec 13, an increase of $0.75, or 3.9% from the previous closing price of $19.25. The stock has traded between $19.22 and $20.00 so far today. Volume today is 7,554 compared to average volume of 6,672. To see InvestorsObserver's Sentiment Score for First United Corp click here.

More About First United Corp

First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings. Click Here to get the full Stock Report for First United Corp stock.