UBER TECHNOLOGIES INC (UBER) Technical Analysis
NYSE:UBER • US90353T1007
Current stock price
UBER Technical Rating and Analysis
Overall UBER gets a technical rating of 0 out of 10. UBER'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, UBER is a bad performer in the overall market: 69% of all stocks are doing better.
- UBER is one of the lesser performing stocks in the Ground Transportation industry. 60% of 42 stocks in the same industry do better.
- UBER is currently trading in the lower part 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.
- UBER 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.
- UBER has an average volume of 20717300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UBER Weekly and Daily overview Charts
UBER Setup Rating and Analysis
Although the technical rating is bad, UBER does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.99, a Stop Loss order could be placed below this zone.
More info and screens
UBER Support and Resistance Analysis
68.49
When analyzing the support we notice one important area.
- A support zone ranging from 69.18 to 69.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 74.76 to 77.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for UBER is down. |
| ChartMill Relative Strength | 31.75 | NEUTRAL | UBER is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UBER is below a declining 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) | 45.12 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests UBER has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.26 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | 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
71.84
+0.13 (+0.18%)
UBER TECHNOLOGIES INC / UBER TA FAQ
Can you provide the ChartMill technical rating for UBER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to UBER.
What is the current trend direction of UBER TECHNOLOGIES INC (UBER) stock?
The current trend direction for UBER TECHNOLOGIES INC (UBER) is Bearish.
What is the RSI signal for UBER stock?
UBER TECHNOLOGIES INC (UBER) has an RSI value of 45.1218. This indicates that the stock is currently neutral.
What is the short term momentum for UBER TECHNOLOGIES INC (UBER) stock?
The short term momentum for UBER TECHNOLOGIES INC (UBER) is negative.
What is the buy/sell signal for UBER TECHNOLOGIES INC (UBER) stock?
The buy/sell signal for UBER TECHNOLOGIES INC (UBER) is sell as both the short term and long term trends are negative.