UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
USA - NYSE:UBER - US90353T1007 - Common Stock
94.08 USD
+0.68 (+0.73%)
94.0497 USD
-0.03 (-0.03%)
Taking everything into account, UBER scores 5 out of 10 in our technical rating. UBER has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month UBER has a been trading in the 92.12 - 101.99 range, which is quite wide. It is currently trading near the lows of this range.
UBER is one of the better performing stocks in the Ground Transportation industry, it outperforms 82% of 42 stocks in the same industry.
UBER is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UBER is lagging the market slightly.
UBER has an average volume of 17511900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, UBER did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
UBER has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 93.61, a Stop Loss order could be placed below this zone.
More info and screens
72.10
101.10
We found 3 important support areas.
- A support zone ranging from 92.25 to 93.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.91 to 86.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 96.84 to 98.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @100.10 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 | 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 | 74.11 | POSITIVE | UBER has a high relative strength, it outperformed 74.11% 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) | UP | MIXED | The current price of UBER is below the rising 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) | 44.79 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests UBER has a negative trend. |
| Stochastics (14,3) | 9.15 | OVERSOLD | The low Stochastics value suggests UBER may be oversold. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 11.4 | NEGATIVE | The low ADX value for UBER suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
94.08
+0.68 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.73%
1 Week-6.01%
2 Weeks-5.51%
1 Month-4.83%
3 Month3.85%
6 Month25.04%
12 Month18.85%
2 Year117.38%
3 Year254.08%
5 Year181.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.73
ATR(20)%3.13%
ATR Inc-11.42%
Range Today1.82
ADR(20)2.87
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.11
Mansfield0.62
10 Day High101.3
10 Day Low93.33
20 Day High101.99
20 Day Low92.12
52 Week High101.99
52 Week Low59.33
CS1 End93.61
CR1 Start96.84
Volume & EV
DER(3)-3.96%
DER(5)-2.12%
Volume11.03M
Volume Incr-32.05%
Vol(5)12.83M
Vol(50)17.51M