Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 5/6/2013, 11 days ago, when the stock price was 12.2000. Since then UMPQ has risen by +10.74%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert.