UNITY SOFTWARE INC (U) Stock Technical Analysis
NYSE:U - US91332U1016 - Common Stock
39.41 USD
-0.76 (-1.89%)
39.1379 USD
-0.27 (-0.69%)
We assign a technical rating of 10 out of 10 to U. Both in the recent history as in the last year, U has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, U did better than 96% of all other stocks. On top of that, U also shows a nice and consistent pattern of rising prices.
U is one of the better performing stocks in the Software industry, it outperforms 92% of 282 stocks in the same industry.
U is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month U has a been trading in the 29.75 - 41.41 range, which is quite wide. It is currently trading near the high of this range.
U has an average volume of 14270600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although U 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
17.17
39.81
When analyzing the support we can see 4 important areas.
- Support @37.87 from a trend line in the daily time frame.
- Support @35.83 from a horizontal line in the daily time frame.
- Support @29.13 from a trend line in the daily time frame.
- Support @17.34 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @39.42 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for U is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for U is up. |
| ChartMill Relative Strength | 96.53 | POSITIVE | U has a high relative strength, it outperformed 96.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of U is above the rising 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 | POSITIVE | The current price of U is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.77 | NEUTRAL | The RSI value for U is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests U has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.79 | OVERBOUGHT | The high Stochastics value suggests U may be overbought. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for U suggests high volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for U suggests a strong 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)
39.41
-0.76 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.89%
1 Week0.64%
2 Weeks3.68%
1 Month23.81%
3 Month51.11%
6 Month53.71%
12 Month140.75%
2 Year6.31%
3 Year-7.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%6.18%
ATR Inc-30.06%
Range Today1.31
ADR(20)2.34
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.53
Mansfield5.03
10 Day High41.41
10 Day Low34.61
20 Day High41.41
20 Day Low29.75
52 Week High41.41
52 Week Low15.33
CS1 End37.87
CR1 Start39.42
Volume & EV
DER(3)-0.67%
DER(5)-0.76%
Volume10.20M
Volume Incr-24.86%
Vol(5)10.83M
Vol(50)14.27M