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Is UNTY showing downside potential? Fell Below 20 Day Moving Average shows up after dropping 4.23%

Unity Bancorp, Inc. (UNTY) — Nightly Technical Analysis · Sep 19, 2025, 17:52 ET
UNTY closed down 4.23% on Friday, September 19th, with volume running 1.7× above average. consolidation patterns formed: Bollinger Band Squeeze and Three Weeks Tight, suggesting a potential continuation after price stabilization. Key support levels exist at 50.7, 49.94 & 48.46, with resistance at 52.94, 54.42 & 55.18.

Current SwingTradeBot Technical Rating of UNTY: C

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Unity Bancorp, Inc. (UNTY)