URBAN EDGE PROPERTIES (UE) Technical Analysis
NYSE:UE • US91704F1049
Current stock price
UE Technical Rating and Analysis
Overall UE gets a technical rating of 4 out of 10. UE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month UE has a been trading in the 19.82 - 21.16 range, which is quite wide. It is currently trading near the lows of this range.
- UE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UE is performing more or less in line with the market.
- UE has an average volume of 1002680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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 part of the Diversified REITs industry. There are 122 other stocks in this industry, UE did better than 69% of them.
UE Weekly and Daily overview Charts
UE Setup Rating and Analysis
Although the technical rating is only medium, 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 20.74. 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 3 important areas.
- Support @19.50 from a trend line in the weekly time frame.
- 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.
- A support zone ranging from 18.50 to 18.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.74 to 21.29. 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 | NEUTRAL | NEUTRAL | The long term trend for UE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UE is neutral. |
| ChartMill Relative Strength | 61.47 | NEUTRAL | UE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UE is below 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) | 50.22 | NEUTRAL | The RSI value for UE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.02 | OVERSOLD | The low Stochastics value suggests UE may be oversold. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for UE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for UE suggests a possible start of a new trend. |
UE Chart- and CandleStick Pattern Analysis
UE Technicals: Chart, Performance Metrics, Trend & Indicators
20.37
+0.48 (+2.41%)
URBAN EDGE PROPERTIES / UE TA FAQ
What is the ChartMill technical rating of URBAN EDGE PROPERTIES (UE) stock?
ChartMill assigns a technical rating of 4 / 10 to UE.
Can you provide the trend direction for URBAN EDGE PROPERTIES?
The current trend direction for URBAN EDGE PROPERTIES (UE) is Bearish.
What is the RSI signal for URBAN EDGE PROPERTIES (UE) stock?
URBAN EDGE PROPERTIES (UE) has an RSI value of 50.2157. 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 -0.0548606, 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 19.5 and a resistance level at 20.74. Check the full technical report for our detailed analysis of UE support and resistance levels.