UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
NYSE:UBER - New York Stock Exchange, Inc. - US90353T1007 - Common Stock - Currency: USD
Taking everything into account, UBER scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that UBER is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by UBER over the past year are nicely spread over this period.
UBER is one of the better performing stocks in the Ground Transportation industry, it outperforms 84% of 40 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 20251800 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 85.42 - 96.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although UBER has an excellent technical rating, it does not offer a high quality setup 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
58.40
93.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 86.91 to 90.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.94 to 70.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.84 from a horizontal line in the daily time frame.
- Support @58.99 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for UBER is neutral. |
| ChartMill Relative Strength | 82.4 | POSITIVE | UBER has a high relative strength, it outperformed 82.4% 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) | UP | POSITIVE | The current price of UBER is above 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) | 58.29 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UBER has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.13 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | 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)
92.67
+3.45 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg3.87%
1 Week5.61%
2 Weeks1.98%
1 Month-3.87%
3 Month11.91%
6 Month24.22%
12 Month35.21%
2 Year96.21%
3 Year222.22%
5 Year175.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.63
ATR(20)%2.69%
ATR Inc80.96%
Range Today3.58
ADR(20)2.28
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.4
Mansfield1.16
10 Day High92.74
10 Day Low85.42
20 Day High96.84
20 Day Low85.42
52 Week High97.72
52 Week Low59.33
CS1 End90.41
CR1 StartN/A
Volume & EV
DER(3)0.05%
DER(5)0.02%
Volume28.52M
Volume Incr50.64%
Vol(5)25.08M
Vol(50)20.25M