UNITY SOFTWARE INC (U) Stock Technical Analysis
NYSE:U - New York Stock Exchange, Inc. - US91332U1016 - Common Stock - Currency: USD
Taking everything into account, U scores 2 out of 10 in our technical rating. U'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.
71% of all other stocks performed better in the past year than U.
U has an average volume of 8901590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
U is part of the Software industry. There are 283 other stocks in this industry, U did better than 47% of them.
U is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so U is lagging the market slightly.
In the last month U has a been trading in the 19.81 - 23.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, U does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 20.71, a Stop Loss order could be placed below this zone.
More info and screens
16.78
28.00
3 important support areas can be observed.
- A support zone ranging from 20.56 to 20.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.24 from a trend line in the weekly time frame.
- Support @16.95 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 21.31 to 21.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.34 from a trend line in the daily time frame.
- A resistance zone ranging from 22.81 to 22.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.96 from a trend line in the weekly time frame.
- Resistance @27.72 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 | NEUTRAL | NEUTRAL | The long term trend for U is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for U is neutral. |
| ChartMill Relative Strength | 29.45 | NEGATIVE | U has a low relative strength, it was outperformed by 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of U is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of U is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of U is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.14 | NEUTRAL | The RSI value for U is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests U has a negative trend. |
| Stochastics (14,3) | 40.81 | NEUTRAL | The Stochastics value for U is a neutral value. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for U suggests high volalility. |
| Average Directional Index/ADX (14) | 9.56 | NEGATIVE | The low ADX value for U 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)
20.75
-1.11 (-5.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.08%
1 Week-9.03%
2 Weeks0.92%
1 Month-7.57%
3 Month-26.78%
6 Month-11.81%
12 Month6.96%
2 Year-30.18%
3 Year-48.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%6%
ATR Inc13.05%
Range Today0.59
ADR(20)1.1
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.45
Mansfield0.06
10 Day High23.07
10 Day Low20.45
20 Day High23.07
20 Day Low19.81
52 Week High30.88
52 Week Low13.9
CS1 End20.71
CR1 Start21.31
Volume & EV
DER(3)-0.46%
DER(5)-0.61%
Volume9.61M
Volume Incr12.41%
Vol(5)10.26M
Vol(50)8.90M