UBER TECHNOLOGIES INC (UBER) Technical Analysis
NYSE:UBER • US90353T1007
Current stock price
UBER Technical Rating and Analysis
Taking everything into account, UBER scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. UBER was also a bad performer in the overall market in the last year.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 80% of all other stocks performed better in the past year than UBER.
- UBER is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 63% 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 16519200 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 69.78 - 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
UBER has a bad technical rating, but it does show a decent setup pattern. 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
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 2 important areas.
- A resistance zone ranging from 75.16 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 | 20.63 | NEGATIVE | UBER has a low relative strength, it was outperformed by 79.37% 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) | 50.53 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UBER has a negative trend. |
| Stochastics (14,3) | 51.19 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 12.02 | 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
74.61
+0.14 (+0.19%)
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 50.5281. 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.