URBAN EDGE PROPERTIES (UE) Technical Analysis
NYSE:UE • US91704F1049
Current stock price
UE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to UE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UE is only an average performer.
- The long and short term trends are both positive. This is looking good!
- UE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- UE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, UE outperforms 69% of them, which is more or less in line with the market.
- UE is part of the Diversified REITs industry. There are 121 other stocks in this industry, UE did better than 69% of them.
UE Weekly and Daily overview Charts
UE Setup Rating and Analysis
Besides having an excellent technical rating, UE also presents a decent setup pattern. 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 22.02. Right above this resistance zone may be a good entry point.
More info and screens
UE Support and Resistance Analysis
18.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 21.62 to 21.66. 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 20.30 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.70 to 19.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.96 to 19.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.02 to 22.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
UE Technical Indicator Signal Analysis
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 | 69.9 | 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) | UP | POSITIVE | The current price of UE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.71 | NEUTRAL | The RSI value for UE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.86 | NEUTRAL | The Stochastics value for UE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for UE suggests low volalility. |
| Average Directional Index/ADX (14) | 22.66 | NEUTRAL | The ADX value for UE suggests a possible start of a new trend. |
UE Chart- and CandleStick Pattern Analysis
UE Example Setup
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 |
|---|---|---|---|
| 22.03 | 21.61 | 0.42 (1.91%) | 25.00% |
| An entry @22.03. This is a Buy Stop order right above the resistance zone. | An exit @21.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 1.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of UE. 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.
UE Technicals: Chart, Performance Metrics, Trend & Indicators
21.82
+0.12 (+0.55%)
URBAN EDGE PROPERTIES / UE TA FAQ
What is the ChartMill technical rating of URBAN EDGE PROPERTIES (UE) stock?
ChartMill assigns a technical rating of 8 / 10 to UE.
Can you provide the trend direction for URBAN EDGE PROPERTIES?
The current trend direction for URBAN EDGE PROPERTIES (UE) is Bullish.
What is the RSI signal for URBAN EDGE PROPERTIES (UE) stock?
URBAN EDGE PROPERTIES (UE) has an RSI value of 65.7107. This indicates that the stock is currently neutral.
Can you provide the MACD signal for URBAN EDGE PROPERTIES?
The MACD indicator for URBAN EDGE PROPERTIES (UE) has a value of 0.0626806, indicating a bearish trend.
What are the support and resistance levels for URBAN EDGE PROPERTIES (UE) stock?
URBAN EDGE PROPERTIES (UE) has a support level at 21.66 and a resistance level at 22.02. Check the full technical report for our detailed analysis of UE support and resistance levels.