UBER TECHNOLOGIES INC (UBER) Stock Technical Analysis
USA - NYSE:UBER - US90353T1007 - Common Stock
98.51 USD
+3.81 (+4.02%)
98.34 USD
-0.17 (-0.17%)
We assign a technical rating of 9 out of 10 to UBER. Both in the recent history as in the last year, UBER has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about 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 81% of all stocks.
UBER is one of the better performing stocks in the Ground Transportation industry, it outperforms 87% of 42 stocks in the same industry.
UBER is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month UBER has a been trading in the 88.84 - 99.70 range, which is quite wide. It is currently trading near the high of this range.
UBER has an average volume of 17861100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, UBER also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 98.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.65, a Stop Loss order could be placed below this zone.
More info and screens
71.88
99.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 92.15 to 95.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.54 to 90.56. This zone is formed by a combination of multiple trend lines 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 @72.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 98.52 to 98.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 81.95 | POSITIVE | UBER has a high relative strength, it outperformed 81.95% 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) | UP | POSITIVE | The current price of UBER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for UBER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests UBER has a positive trend. |
| Stochastics (14,3) | 60.28 | NEUTRAL | The Stochastics value for UBER is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for UBER suggests some volalility. |
| Average Directional Index/ADX (14) | 11.29 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 98.86 | 91.37 | 7.49 (7.58%) | 13.20% |
| An entry @98.86. This is a Buy Stop order right above the resistance zone. | An exit @91.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.49 points, which is 7.58%. | When investing 13.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
98.51
+3.81 (+4.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg4.02%
1 Week2.73%
2 Weeks8.26%
1 Month4.54%
3 Month17.58%
6 Month29.89%
12 Month33.23%
2 Year114.2%
3 Year271.74%
5 Year170.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%2.9%
ATR Inc6.16%
Range Today3.93
ADR(20)2.77
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.95
Mansfield1.16
10 Day High99.7
10 Day Low91.38
20 Day High99.7
20 Day Low88.84
52 Week High99.7
52 Week Low59.33
CS1 End95.65
CR1 Start98.52
Volume & EV
DER(3)0.42%
DER(5)0.86%
Volume38.73M
Volume Incr92.29%
Vol(5)28.36M
Vol(50)17.86M