URBAN EDGE PROPERTIES (UE) Stock Technical Analysis
NYSE:UE - US91704F1049 - REIT
20.8 USD
+0.89 (+4.47%)
21.09 USD
+0.29 (+1.39%)
We assign a technical rating of 8 out of 10 to UE. Although UE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
UE is one of the better performing stocks in the Diversified REITs industry, it outperforms 78% of 129 stocks in the same industry.
In the last month UE has a been trading in the 18.99 - 20.90 range, which is quite wide. It is currently trading near the high of this range.
UE has an average volume of 1084580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, UE outperforms 61% of them, which is more or less in line with the market.
UE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.44
21.01
We found 5 important support areas.
- Support @20.60 from a horizontal line in the daily time frame.
- A support zone ranging from 19.72 to 19.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.03 to 19.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.07 from a horizontal line in the daily time frame.
- Support @17.62 from a trend 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 UE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UE is up. |
| ChartMill Relative Strength | 61.27 | NEUTRAL | UE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.02 | NEUTRAL | The RSI value for UE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UE has a positive trend. |
| Stochastics (14,3) | 82.52 | OVERBOUGHT | The high Stochastics value suggests UE may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for UE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for UE 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)
20.8
+0.89 (+4.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg4.47%
1 Week6.72%
2 Weeks7.72%
1 Month5.58%
3 Month17.91%
6 Month3.74%
12 Month0.82%
2 Year27.14%
3 Year32.23%
5 Year96.97%
10 Year-0.53%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.41%
ATR Inc43.3%
Range Today0.82
ADR(20)0.48
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.27
Mansfield-0.6
10 Day High20.86
10 Day Low19.18
20 Day High20.9
20 Day Low18.99
52 Week High23.85
52 Week Low15.66
CS1 End20.6
CR1 StartN/A
Volume & EV
DER(3)-1.62%
DER(5)-1.2%
Volume1.26M
Volume Incr-4.29%
Vol(5)1.25M
Vol(50)1.08M