Ultrapro Biotechnology Proshares (UBIO) Stock Technical Analysis
USA - NASDAQ:UBIO -
17.7652
-1.1 (-5.82%)
We assign a technical rating of 0 out of 10 to UBIO. UBIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
70% of all other stocks performed better in the past year than UBIO.
UBIO 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.
In the last month UBIO has a been trading in the 13.13 - 32.09 range, which is quite wide. It is currently trading near the lows of this range.
UBIO has a poor technical rating and the quality of the setup is also not perfect 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
17.59
34.45
When analyzing the resistance we notice 4 important areas.
- Resistance @18.87 from a horizontal line in the daily time frame.
- Resistance @27.89 from a trend line in the daily time frame.
- Resistance @33.43 from a trend line in the weekly time frame.
- Resistance @34.11 from a trend 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 | DOWN | NEGATIVE | The long term trend for UBIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UBIO is down. |
| ChartMill Relative Strength | 30.63 | NEUTRAL | UBIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UBIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UBIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UBIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.72 | NEUTRAL | The RSI value for UBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests UBIO has a positive trend. |
| Stochastics (14,3) | 33.55 | NEUTRAL | The Stochastics value for UBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 19.5 | HIGH VOLATILITY | The high ATR as a percentage value for UBIO suggests high volalility. |
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)
Ultrapro Biotechnology Proshares
NASDAQ:UBIO (3/27/2020, 8:00:07 PM)
17.7652
-1.1 (-5.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.82%
1 Week17.54%
2 Weeks-4.53%
1 Month-33.54%
3 Month-46.87%
6 Month-5.45%
12 Month-39.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.25
ATR(20)%19.5%
ATR Inc-41.78%
Range Today1.81
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.63
Mansfield-1.7
10 Day High19.24
10 Day Low13.13
20 Day High32.09
20 Day Low13.13
52 Week High35.36
52 Week Low13.13
CS1 EndN/A
CR1 Start18.87
Volume & EV
DER(3)-7.22%
DER(5)-4.52%
Volume34.70K
Volume Incr-35.44%
Vol(5)38.30K
Vol(50)43.65K