We assign a technical rating of 0 out of 10 to OLED. OLED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, OLED does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
105.53
We found 2 important support areas.
- A support zone ranging from 112.72 to 112.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 106.60 to 106.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 120.94 to 122.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @146.48 from a trend line in the daily time frame.
- Resistance @151.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 159.74 to 159.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for OLED is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLED is down. |
| ChartMill Relative Strength | 15.31 | NEGATIVE | OLED has a low relative strength, it was outperformed by 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLED is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OLED is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLED is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.59 | NEUTRAL | The RSI value for OLED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.52 | POSITIVE | The MACD value suggests OLED has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.32 | OVERBOUGHT | The high Stochastics value suggests OLED may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for OLED suggests some volalility. |
| Average Directional Index/ADX (14) | 30.46 | POSITIVE | The high ADX value value for OLED suggests a strong trend. |
120.85
-1.29 (-1.06%)
UNIVERSAL DISPLAY CORP / OLED FAQ
What is the technical rating for OLED stock?
ChartMill assigns a technical rating of 0 / 10 to OLED.
Can you provide the trend direction for UNIVERSAL DISPLAY CORP?
The current trend direction for UNIVERSAL DISPLAY CORP (OLED) is Bearish.
What is the RSI signal for OLED stock?
UNIVERSAL DISPLAY CORP (OLED) has an RSI value of 44.5938. This indicates that the stock is currently neutral.
What is the buy/sell signal for OLED stock?
The buy/sell signal for UNIVERSAL DISPLAY CORP (OLED) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UNIVERSAL DISPLAY CORP?
UNIVERSAL DISPLAY CORP (OLED) has a support level at 112.72 and a resistance level at 120.94. Check the full technical report for our detailed analysis of OLED support and resistance levels.