Is Umpqua Holdings Corp (UMPQ) a Stock to Watch After Losing 0.00% This Week?

Tuesday, August 16, 2022 03:33 PM | InvestorsObserver Analysts

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Is Umpqua Holdings Corp (UMPQ) a Stock to Watch After Losing 0.00% This Week?

Overall market sentiment has been high on Umpqua Holdings Corp (UMPQ) stock lately. UMPQ receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Umpqua Holdings Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UMPQ!

See Full UMPQ 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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With UMPQ Stock Today?

Umpqua Holdings Corp (UMPQ) stock is trading at $19.34 as of 3:30 PM on Tuesday, Aug 16, an increase of $0.29, or 1.52% from the previous closing price of $19.05. The stock has traded between $18.93 and $19.38 so far today. Volume today is low. So far 623,361 shares have traded compared to average volume of 1,051,146 shares.

More About Umpqua Holdings Corp

Umpqua Holdings Corp is the parent company of Umpqua Bank, an Oregon-based community bank with operations mostly in the Pacific Northwest region of the United States as well as Nevada. The bank provides a broad range of banking, wealth management, mortgage, and other financial services to corporate, institutional, and individual customers. Its community banking model places a high premium on innovation, specifically on its product delivery system and its service user experience. The company also owns Umpqua Investments, a registered broker-dealer and investment advisor offering a full range of investment products and services. Its operating segments are Core Banking and Mortgage Banking. The bank's main source of revenue is net interest income. Click Here to get the full Stock Report for Umpqua Holdings Corp stock.