UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
NYSE:UBER - New York Stock Exchange, Inc. - US90353T1007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to UBER. Both in the recent history as in the last year, UBER 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!
When comparing the yearly performance of all stocks, we notice that UBER is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, UBER also shows a nice and consistent pattern of rising prices.
UBER is one of the better performing stocks in the Ground Transportation industry, it outperforms 92% of 40 stocks in the same industry.
UBER is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UBER is performing more or less in line with the market.
UBER is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
UBER has an average volume of 21162200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UBER has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
58.40
93.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 87.74 to 87.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.75 to 67.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.84 from a horizontal line in the daily time frame.
- Support @58.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 91.79 to 92.46. 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 | UP | POSITIVE | The long term trend for UBER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UBER is up. |
| ChartMill Relative Strength | 90.87 | POSITIVE | UBER has a high relative strength, it outperformed 90.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UBER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UBER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UBER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.46 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests UBER has a negative trend. |
| Stochastics (14,3) | 59.5 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 30.14 | POSITIVE | The high ADX value value for UBER 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)
87.75
-0.25 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.28%
1 Week-4.4%
2 Weeks5.97%
1 Month12.86%
3 Month11.23%
6 Month22.71%
12 Month36.55%
2 Year131.35%
3 Year278.23%
5 Year141.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.1
ATR(20)%3.4%
ATR Inc-53.64%
Range Today1.79
ADR(20)2.86
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.87
Mansfield1.91
10 Day High93.6
10 Day Low82.22
20 Day High93.6
20 Day Low77.04
52 Week High93.6
52 Week Low54.84
CS1 End87.74
CR1 Start91.79
Volume & EV
DER(3)-1.17%
DER(5)-0.55%
Volume17.93M
Volume Incr-17.69%
Vol(5)19.91M
Vol(50)21.16M