UBS AG (UBS) Shares are Up 4.85%

UBS AG (UBS) : Traders are bullish on UBS AG (UBS) as it has outperformed the S&P 500 by a wide margin of 9.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.32%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.85% in the last 1 week, and is up 9.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 6.15% and the 50-Day Moving Average is 9.36%.The 200 Day SMA reached 3.33%. UBS Group AG has dropped 1.34% during the last 3-month period . Year-to-Date the stock performance stands at -19.61%.


UBS AG (NYSE:UBS): After opening at $14.58, the stock dipped to an intraday low of $14.52 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.75 and the buying power remained strong till the end. The stock closed at $14.71 for the day, a gain of 1.73% for the day session. The total traded volume was 1,690,634. The stocks close on the previous trading day was $14.46.

UBS Group AG is a holding company of the UBS Group. The Companys businesses are organized globally into five business segments: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank. The Company provides private, institutional and corporate customers around the world, as well as retail customers in Switzerland with financial advice and solutions. Corporate Center includes Core Functions and Non-core and Legacy Portfolio. Core Functions include Group-wide control functions, such as finance, including treasury services, such as liquidity, funding, balance sheet and capital management; risk control, including compliance, and legal. In addition, Core Functions provide all logistics and support services. Non-core and Legacy Portfolios consists of the non-core businesses and legacy positions.

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