UIPATH INC - CLASS A (PATH) Stock Technical Analysis
NYSE:PATH - US90364P1057 - Common Stock
10.82 USD
-0.21 (-1.9%)
10.86 USD
+0.04 (+0.37%)
We assign a technical rating of 0 out of 10 to PATH. PATH'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PATH is a bad performer in the overall market: 89% of all stocks are doing better.
PATH is part of the Software industry. There are 282 other stocks in this industry, of which 69% are performing better than PATH.
PATH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PATH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PATH has an average volume of 11033800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PATH 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 resistance zone just above the current price starting at 10.97. Right above this resistance zone may be a good entry point.
More info and screens
10.11
13.39
We found 3 important support areas.
- Support @10.76 from a trend line in the weekly time frame.
- Support @10.52 from a trend line in the daily time frame.
- Support @10.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.97 to 11.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.71 to 12.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.26 from a horizontal line in the daily time frame.
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 PATH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PATH is down. |
| ChartMill Relative Strength | 11.66 | NEGATIVE | PATH has a low relative strength, it was outperformed by 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PATH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PATH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PATH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.69 | NEUTRAL | The RSI value for PATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PATH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.66 | NEUTRAL | The Stochastics value for PATH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PATH suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for PATH suggests a possible start of a new 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)
10.82
-0.21 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.9%
1 Week-1.55%
2 Weeks3.05%
1 Month-10.43%
3 Month-18.71%
6 Month-12.03%
12 Month-15.99%
2 Year-31.56%
3 Year-34.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.11%
ATR Inc-8.39%
Range Today0.31
ADR(20)0.32
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.66
Mansfield-2.1
10 Day High11.27
10 Day Low10.47
20 Day High12.16
20 Day Low10.35
52 Week High15.93
52 Week Low9.38
CS1 End10.76
CR1 Start10.97
Volume & EV
DER(3)0.76%
DER(5)2.14%
Volume10.38M
Volume Incr-29.38%
Vol(5)8.90M
Vol(50)11.03M