UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
USA - NYSE:UBER - US90353T1007 - Common Stock
We assign a technical rating of 5 out of 10 to UBER. UBER was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, UBER does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 91.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
90.08
We found 1 important support area.
- A support zone ranging from 90.99 to 91.98. 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 92.46 to 95.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.48 to 98.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 100.10 to 100.10. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for UBER is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UBER is down. |
| ChartMill Relative Strength | 80.51 | POSITIVE | UBER has a high relative strength, it outperformed 80.51% off all stocks 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 | POSITIVE | The current price of UBER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.18 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests UBER has a negative trend. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for UBER suggests a weak or negative trend. |
91.99
-0.13 (-0.14%)
UBER TECHNOLOGIES INC / UBER FAQ
Can you provide the ChartMill technical rating for UBER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 5 / 10 to UBER.
What is the trend direction for UBER stock?
The current trend direction for UBER TECHNOLOGIES INC (UBER) is Bullish.
Can you provide the RSI signal for UBER TECHNOLOGIES INC?
UBER TECHNOLOGIES INC (UBER) has an RSI value of 42.1792. This indicates that the stock is currently neutral.
What is the MACD signal for UBER stock?
The MACD indicator for UBER TECHNOLOGIES INC (UBER) has a value of -0.304242, indicating a bearish trend.
Can you provide the short term momentum for UBER TECHNOLOGIES INC?
The short term momentum for UBER TECHNOLOGIES INC (UBER) is negative.