UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
NYSE:UBER • US90353T1007
Overall UBER gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, UBER is a bad performer in the overall market: 77% of all stocks are doing better.
- UBER has an average volume of 20736100 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 41% of them.
- 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.
- In the last month UBER has a been trading in the 69.02 - 82.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UBER has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
69.29
When analyzing the support we notice one important area.
- A support zone ranging from 69.99 to 69.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @75.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 78.43 to 79.83. 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 @92.46 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 | 23.71 | NEGATIVE | UBER has a low relative strength, it was outperformed by 76.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UBER is above 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) | 49.25 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests UBER has a positive trend. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 33.55 | POSITIVE | The high ADX value value for UBER suggests a strong trend. |
75.42
+0.62 (+0.83%)
UBER TECHNOLOGIES INC / UBER FAQ
Can you provide the ChartMill technical rating for UBER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 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 49.2524. 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 69.99 and a resistance level at 75.43. Check the full technical report for our detailed analysis of UBER support and resistance levels.