NYSE:UE - New York Stock Exchange, Inc. - US91704F1049 - REIT - Currency: USD
Taking everything into account, UE scores 2 out of 10 in our technical rating. UE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, UE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.42. Right above this resistance zone may be a good entry point.
16.82
When analyzing the support we notice one important area.
5 important resistance areas can be observed.
18.36
-0.19 (-1.02%)