UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UBER - US90353T1007 - Common Stock
Taking everything into account, UBER scores 1 out of 10 in our technical rating. UBER has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month UBER has a been trading in the 79.58 - 88.24 range, which is quite wide. It is currently trading near the lows of this range.
- UBER has an average volume of 19494300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, UBER outperforms 50% of them, which is more or less in line with the market.
- UBER is an average performer in the Ground Transportation industry, it outperforms 58% of 42 stocks in the same industry.
- UBER is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UBER is lagging the market.
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.
More info and screens
78.35
We found 2 important support areas.
- Support @81.69 from a trend line in the weekly time frame.
- A support zone ranging from 79.14 to 79.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 82.68 to 85.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @87.59 from a horizontal line in the daily time frame.
- Resistance @92.46 from a horizontal line in the daily time frame.
- Resistance @97.48 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 | 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 | 50.49 | 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) | UP | MIXED | The current price of UBER is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.9 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests UBER has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.35 | OVERSOLD | The low Stochastics value suggests UBER may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for UBER suggests a weak or negative trend. |
81.7
+1.92 (+2.41%)
UBER TECHNOLOGIES INC / UBER 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 43.9038. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for UBER TECHNOLOGIES INC (UBER) stock?
UBER TECHNOLOGIES INC (UBER) has a support level at 81.69 and a resistance level at 82.68. Check the full technical report for our detailed analysis of UBER support and resistance levels.