1UBER Technical Analysis - UBER TECHNOLOGIES INC

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to 1UBER. Although 1UBER is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, 1UBER is a bad performer in the overall market: 100% of all stocks are doing better.

1UBER is part of the Ground Transportation industry. There are 14 other stocks in this industry, of which 76% are performing better than 1UBER.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

Warning: 1UBER has an average volume of 1108 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month 1UBER has a been trading in the 72.00 - 86.68 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

UBER TECHNOLOGIES INC / 1UBER Weekly stock chart

UBER TECHNOLOGIES INC / 1UBER Daily stock chart

Setup Rating and Analysis

Although 1UBER has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

57.21

86.87

We found 4 important support areas.

A support zone ranging from 78.73 to 81.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 77.18 to 77.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @61.90 from a trend line in the daily time frame.
Support @57.79 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for 1UBER.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for 1UBER.MI is up.
ChartMill Relative Strength	0	NEGATIVE	1UBER.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of 1UBER.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of 1UBER.MI is above the rising SMA(50).
Relative Strength Index/RSI (14)	61.99	NEUTRAL	The RSI value for 1UBER.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests 1UBER.MI has a positive trend.
Stochastics (14,3)	88.01	OVERBOUGHT	The high Stochastics value suggests 1UBER.MI may be overbought.
Average True Range in percent/ATR (20)	3.48	MEDIUM VOLATILITY	The ATR as a percentage value for 1UBER.MI suggests some volalility.
Average Directional Index/ADX (14)	11.07	NEGATIVE	The low ADX value for 1UBER.MI suggests a weak or negative trend.