UCLOUDLINK GROUP INC (UCL) Stock Technical Analysis
NASDAQ:UCL - US90354D1046 - ADR
3.31 USD
+0.15 (+4.75%)
3.3099 USD
0 (0%)
Overall UCL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UCL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, UCL did better than 97% of all other stocks.
UCL is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 100% of 21 stocks in the same industry.
UCL 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 UCL is lagging the market slightly.
In the last month UCL has a been trading in the 2.54 - 4.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UCL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.16
4.02
4 important support areas can be observed.
- Support @3.09 from a horizontal line in the daily time frame.
- A support zone ranging from 2.66 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 from a horizontal line in the daily time frame.
- Support @1.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.98 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 UCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UCL is up. |
| ChartMill Relative Strength | 97.38 | POSITIVE | UCL has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UCL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.48 | NEUTRAL | The RSI value for UCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests UCL has a negative trend. |
| Stochastics (14,3) | 25.48 | NEUTRAL | The Stochastics value for UCL is a neutral value. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for UCL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.82 | POSITIVE | The high ADX value value for UCL suggests a strong 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 |
|---|---|---|---|
| 3.43 | 3.08 | 0.35 (10.15%) | 9.85% |
| An entry @3.43. This is a Buy Stop order right above the 10 day moving average. | An exit @3.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 10.15%. | When investing 9.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UCL. Please evaluate whether better entry and exit points can be found.
- 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.
3.31
+0.15 (+4.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg4.75%
1 Week-9.07%
2 Weeks-15.35%
1 Month29.7%
3 Month97.02%
6 Month161.04%
12 Month145.19%
2 Year44.54%
3 Year470.69%
5 Year-77.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%13.41%
ATR Inc-14.78%
Range Today0.21
ADR(20)0.44
ADR(20)%13.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield8.9
10 Day High4.11
10 Day Low3.01
20 Day High4.19
20 Day Low2.55
52 Week High4.19
52 Week Low0.8
CS1 End3.09
CR1 Start3.98
Volume & EV
DER(3)2.5%
DER(5)1.22%
Volume84.10K
Volume Incr-34.67%
Vol(5)140.00K
Vol(50)151.02K