UNIVERSAL DISPLAY CORP (OLED) Stock Technical Analysis
NASDAQ:OLED - Nasdaq - US91347P1057 - Common Stock - Currency: USD
Taking everything into account, OLED scores 3 out of 10 in our technical rating. OLED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than OLED.
OLED is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 79% of 110 stocks in the same industry do better.
In the last month OLED has a been trading in the 148.47 - 162.36 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OLED is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLED is lagging the market.
OLED has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 150.22, a Stop Loss order could be placed below this zone.
More info and screens
148.53
164.43
When analyzing the support we notice one important area.
- A support zone ranging from 150.03 to 150.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 152.60 to 162.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for OLED is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLED is neutral. |
| ChartMill Relative Strength | 19.51 | NEGATIVE | OLED has a low relative strength, it was outperformed by 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OLED is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OLED is below the rising 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) | 43.24 | NEUTRAL | The RSI value for OLED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests OLED has a negative trend. |
| Stochastics (14,3) | 17.85 | OVERSOLD | The low Stochastics value suggests OLED may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for OLED suggests some volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for OLED suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
150.23
-0.99 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.65%
1 Week-1.84%
2 Weeks-3.27%
1 Month-0.68%
3 Month18.84%
6 Month-0.31%
12 Month-34.22%
2 Year2.98%
3 Year30.11%
5 Year-13.88%
10 Year214.88%
15 YearN/A
Volatility
ATR(14)4.27
ATR(20)%2.72%
ATR Inc-5.85%
Range Today4.06
ADR(20)3.89
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.51
Mansfield-1.43
10 Day High161.97
10 Day Low148.47
20 Day High162.36
20 Day Low148.47
52 Week High231.83
52 Week Low103.7
CS1 End150.22
CR1 Start152.6
Volume & EV
DER(3)1.11%
DER(5)0.73%
Volume370.40K
Volume Incr-26.95%
Vol(5)365.60K
Vol(50)492.78K