UBER TECHNOLOGIES INC (UBER) Technical Analysis
NYSE:UBER • US90353T1007
Current stock price
UBER Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to UBER. UBER scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 66% of all other stocks performed better in the past year than UBER.
- UBER has an average volume of 21283600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UBER is part of the Ground Transportation industry. There are 42 other stocks in this industry, UBER did better than 46% of them.
- UBER 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 UBER is lagging the market slightly.
- In the last month UBER has a been trading in the 69.95 - 79.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UBER Weekly and Daily overview Charts
UBER Setup Rating and Analysis
UBER 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 76.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.74, a Stop Loss order could be placed below this zone.
More info and screens
UBER Support and Resistance Analysis
69.29
We found 1 important support area.
- A support zone ranging from 69.99 to 70.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 73.69 to 74.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 76.83 to 77.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.44 from a horizontal line in the weekly time frame.
- Resistance @92.67 from a horizontal line in the daily time frame.
- Resistance @97.48 from a horizontal line in the daily time frame.
UBER Technical Indicator Signal Analysis
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 UBER is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UBER is neutral. |
| ChartMill Relative Strength | 34.83 | NEUTRAL | UBER is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UBER is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UBER is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UBER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests UBER has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39 | 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) | 15.64 | NEGATIVE | The low ADX value for UBER suggests a weak or negative trend. |
UBER Chart- and CandleStick Pattern Analysis
UBER Technicals: Chart, Performance Metrics, Trend & Indicators
72.34
-2.78 (-3.7%)
UBER TECHNOLOGIES INC / UBER TA FAQ
Can you provide the ChartMill technical rating for UBER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 1 / 10 to UBER.
Can you provide the trend direction for UBER TECHNOLOGIES INC?
The current trend direction for UBER TECHNOLOGIES INC (UBER) is Bearish.
Can you provide the RSI signal for UBER TECHNOLOGIES INC?
UBER TECHNOLOGIES INC (UBER) has an RSI value of 49.7532. This indicates that the stock is currently neutral.
What are the support and resistance levels for UBER TECHNOLOGIES INC (UBER) stock?
UBER TECHNOLOGIES INC (UBER) has a support level at 74.74 and a resistance level at 76.83. Check the full technical report for our detailed analysis of UBER support and resistance levels.