NYSE:UDR - US9026531049 - REIT
We assign a technical rating of 1 out of 10 to UDR. UDR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UDR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.88, a Stop Loss order could be placed below this zone.
37.12
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
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 UDR is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UDR is neutral. |
ChartMill Relative Strength | 17.97 | NEGATIVE | UDR has a low relative strength, it was outperformed by 82.03% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UDR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UDR is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UDR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.72 | NEUTRAL | The RSI value for UDR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests UDR has a positive trend. |
Stochastics (14,3) | 82 | OVERBOUGHT | The high Stochastics value suggests UDR may be overbought. |
Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for UDR suggests low volalility. |
Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for UDR suggests a weak or negative trend. |
39.57
+0.57 (+1.46%)