UBER TECHNOLOGIES INC (UBER) Technical Analysis
NYSE:UBER • US90353T1007
Current stock price
UBER Technical Rating and Analysis
Overall UBER gets a technical rating of 2 out of 10. In the past year, UBER was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- When comparing the yearly performance of all stocks, UBER is a bad performer in the overall market: 78% of all stocks are doing better.
- UBER is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 60% are performing better than UBER.
- UBER is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- UBER has an average volume of 17366600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month UBER has a been trading in the 68.46 - 78.76 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
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. A pullback is taking place, which may present a nice opportunity for an entry. 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
We found 1 important support 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 75.25 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.
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 | 22.72 | NEGATIVE | UBER has a low relative strength, it was outperformed by 77.28% 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) | DOWN | NEGATIVE | The current price of UBER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.08 | 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) | 57.7 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 14.11 | 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
74.64
-0.06 (-0.08%)
UBER TECHNOLOGIES INC / UBER TA FAQ
Can you provide the ChartMill technical rating for UBER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 2 / 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 51.0755. 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 neutral.